Unlike most other businesses,a bank's balance sheet is made up mainly of:

Question

Quizplus · Accepted Answer

A bank's balance sheet consists mainly of financial assets (such as loans, investments, and reserves) and financial liabilities (such as deposits, borrowings, and bonds). While a bank may have some real assets (such as buildings and equipment), these are typically small in comparison to the financial assets. Similarly, a bank's real liabilities (such as rent and salaries) are relatively small compared to the financial liabilities.

Unlike Most Other Businesses,a Bank's Balance Sheet Is Made Up