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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. an asset b.
When a commercial bank discounts a negotiable certificate of deposit, it is recorded as _______________ on its balance sheet.
Select one:
a.
an asset
b.
loan capital
c.
shareholders equity
d.
a liability
e.
an off-balance sheet item
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