Which of the following are reported as liabilities on a bank’s balance sheet?

(a) securities

(b) nontransaction deposits

(c) loans

(d) reserves and cash items

Expert Solution

Solution: B. Nontransaction Deposits

For a bank, the assets are the financial instruments that the bank is holding and the liabilities are what the bank owes to others.

Securities are also bank's assets as they earn interest for the banks.

Loans are bank's assets as they can earn through it by the means of interest.

Reserves and Cash items are banks assets as they help the bank to maintain solvency.

Nontransaction deposits are reported as liabilities on bank's balance sheet as the bank has an obligation to pay the depositors once the CD(certificates of deposit) expires.

jeff jeffy answered 2 years ago

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