The liabilities of a bank are
A)Advance and loans
B)Time deposits and shares
C)Cash with reserve ratio
D)Bonds and debentures of share holders

Name: The liabilities of a bank are A)Advance and loans B)Time deposits and shares C)Cash with reserve ratio D)Bonds and debentures of share holders
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Question

Quizplus · Accepted Answer

Time deposits and shares are considered liabilities for a bank because they represent money the bank owes to its depositors and shareholders.

The Liabilities of a Bank Are