Question

Branch adjustment debit balance is shown under
1) others liabillities and provisions
2) Other Assets
3) Fixed Assets
4) Investments​

Answer 1

Answer:

ok

ok

ok

ok

ok

ok

ok

ok

ok

ok

Answer 2

The answer is option 2:

Explanation:

3) OTHER ASSETS

• Other asset is a collection of accounts that are displayed as a distinct line item in the balance sheet's assets section.
• Minor assets that do not readily fit into any of the primary asset categories, such as current assets or fixed assets, are included in this line item.
• All balance sheet asset accounts not specifically addressed in other sections of the supervisory activity are referred to as "other assets" in this section.
• Such accounts are frequently small in the bank's overall financial situation.