Question

In: Economics

Which of the following items is NOT part of the shareholders' equity for a bank? A....

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

Solutions

Expert Solution

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.


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