Which of the following is an asset of a bank and a liability for its customers?
A)deposits of its customers and loans to it customers
B)deposits of its customers but not loans to its customers
C)loans of its customers but not the deposits of its customers
D)neither the deposits of its customers nor the loans to its customers

Question

Quizplus · Accepted Answer

The Answer of Which of the following is an asset of a bank and a liability for its customers?
A)deposits of its customers and loans to it customers
B)deposits of its customers but not loans to its customers
C)loans of its customers but not the deposits of its customers
D)neither the deposits of its customers nor the loans to its customers

Which of the Following Is an Asset of a Bank