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. When a commercial bank discounts a negotiable certificate of deposit, it is recorded as _______________ on its balance sheet. Select one: a.shareholders equity b.a

.

When a commercial bank discounts a negotiable certificate of deposit, it is recorded as _______________ on its balance sheet.

Select one:

a.shareholders equity

b.a liability

c.an off-balance sheet item

d.loan capital

e.an asset

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