what is a balance sheet of a bank
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Bank balance sheets report the assets, liabilities, and bank capital for an individual bank. The balance sheet identity is: Assets = Liabilities + Capital. The assets are items that the bank owns. This includes loans, securities, and reserves.
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Explanation:
The balance sheet identity is: Assets = Liabilities + Capital. The assets are items that the bank owns. This includes loans, securities, and reserves. Liabilities are items that the bank owes to someone else, including deposits and bank borrowing from other institutions
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