Those things that are owed to a bank are considered part of the bank's ___________.
A)liabilities
B)assets
C)net worth
D)excess reserves

Name: Those things that are owed to a bank are considered part of the bank's ___________. A)liabilities B)assets C)net worth D)excess reserves
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

Things that are owed to a bank, such as loans it has issued, are considered assets because they represent money that will be paid back to the bank, generating income through interest payments.

Those Things That Are Owed to a Bank Are Considered