Question

What are the assets and liabilities products of commercial banks?

Answer 1

(Current asset:cash in hand,cash at bank,bills receivable,sundry debtors,pre paid expenses,closing stock,outstanding or accrued
income)(Fixed assets:Land and building,plant and machinery,furniture,goodwill)(Current liability:sundry creditors,bills payable,outstanding expenses,bank over draft)(Longterm liability:debentures,long term loans)