Question

. In deposit accounts, the main relationship between Bank and customer is a) creditor - bank, debtor - customer b) creditor - customer, debtor - Bank c) agent – principal d) only A and B​

Answer 1

Answer:

debited customer creditor Bank and debited Bank credit customer

Answer 2

Answer:

In fact, deposit accepted by the bank is technically money loaned out to the bank from the depositors. Therefore, the general relationship between a depositor and the banker is a relation of the debtor and the creditor. The depositors are creditors and the bank is the debtor.