Why are savings accounts liabilities for banks?

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Financial Reporting And Analysis Using Financial Accounting Information

ISBN: 139

12th Edition

Authors: Charles H Gibson

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Question Posted: Feb 01, 2013 07:20 AM

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Why are savings accounts liabilities for banks?

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Savings accounts are liabilities because they hold cash owed to customers These account carries ...View the full answer

Financial Reporting And Analysis Using Financial Accounting Information

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