Answered

Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Suppose Bank A holds $50,000 in deposits with other banks. On its balance sheet, this amount will be accounted as:
a) reserves
b) long-term investments
c) cash equivalents
d) short-term borrowing

Sagot :

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.