Question

BANK DEPOSITS ARE MONEY WHEN THEY ARE?​

Answer 1

Answer:

BANKERS.........

Explanation:

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Answer 2

Bank deposits refer to this liability rather than to the actual funds that have been deposited . When someone opens a bank account and makes a cash deposit , he surrenders the legal title to the cash , and it becomes an asset of the bank . In turn , the account is a liability to the bank .