Bank customers are considered creditors of the bank so the bank shows their accounts with credit balances on the bank's records.

Name: Bank customers are considered creditors of the bank so the bank shows their accounts with credit balances on the bank's records.
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Question

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Bank customers are considered creditors because the bank owes them money. Therefore, their accounts are shown with credit balances on the bank's records.

Bank Customers Are Considered Creditors of the Bank So the Bank