Dominic Has a Checking Account at the Local Bank,and His

Dominic has a checking account at the local bank,and his sister has a car loan at the same bank.How does each of these appear on the bank's balance sheet?

A) The checking account is a liability, and the car loan is an asset.
B) The checking account is an asset, and the car loan is a liability.
C) Both the checking account and the car loan are assets.
D) Both the checking account and the car loan are liabilities.
E) The car loan is a liability, but more information is needed about the checking account to determine if it is an asset or a liability.