For each of the following, determine whether it is an asset or a liability on the accounting

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For each of the following, determine whether it is an asset or a liability on the accounting books of a bank. Explain why in each case.

Cash in the vault Demand deposits Savings deposits Reserves Loans Deposits at the Federal Reserve

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Principles Of Macroeconomics

ISBN: 9780374146412

10th Edition

Authors: Karl E. Case, Ray C Fair, Sharon C Oster

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