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An example of a contra asset on a bank balance sheet is a. the annual provision for loan losses b. retained earnings c. premises d.
An example of a contra asset on a bank balance sheet is
a. | the annual provision for loan losses | |
b. | retained earnings | |
c. | premises | |
d. | the allowance for loan losses | |
e. | cash |
Total Noninterest income for a bank could include any of the following except
a. | fees earned by financial planners working for the bank | |
b. | profit or losses from trading securities | |
c. | fees charged to use an ATM | |
d. | service charges on checking accounts | |
e. | income earned on a bank's loans each month |
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