Which of the following is a bank liability A Reserve deposit

Which of the following is a bank liability?

A. Reserve deposits at the Fed.

B. Securities the bank has purchased.

C. Transactions account balances.

D. Loans made to customers.

Solution

Option C. Transactions account balances.

Explanation: Bank Liabilities are the obligations of the banks which must be paid. Transactions account balances are liabilities of a bank. The remaining options are assets of a bank.

Which of the following is a bank liability? A. Reserve deposits at the Fed. B. Securities the bank has purchased. C. Transactions account balances. D. Loans mad

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