Economy, asked by grocky09, 6 months ago

checking account form a part of assets or liabilities​

Answers

Answered by lyngdohmagrina
0

Answer:

The balances in checking accounts are considered to be money and will be reported as part of a company's current asset cash. (The bank will report its customers' checking account balances as a current liability.)

Explanation:

Hope it helps you dear friend

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