In: Economics
Which of the following items is NOT part of the shareholders' equity for a bank?
A. |
Accumulated retained profits |
|
B. |
Capital notes |
|
C. |
Capital reserve |
|
D. |
Shares issued |
Correct option is (B).
Capital notes refer to short term notes which is an unsecured debt instrument. This is a current liability and not a component of equity.