2. Which is true of a banks balance sheet? (A) Customers deposits are listed as liabilities. (B)...
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2. Which is true of a bank’s balance sheet? (A) Customers’ deposits are listed as liabilities. (B) The total assets should exceed the total liabilities. (C) The bank’s liabilities include loans and reserves. (D) A bank’s balance sheet is used to keep track of outstanding loans. (E) Loans are listed as liabilities because they are money owed the bank.
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