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Which of the following does not appear on the asset side of a bank's balance sheet? Question 19 options: a) required reserves b) checkable deposits c) loans d) excess reserves
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Which of the following does not appear on the asset side of a bank's balance sheet? Question 19 options: a) required reserves b) checkable deposits c) loans d) excess reserves

User SeanKelleyx
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Answer: b) checkable deposits

Step-by-step explanation:

Checkable Deposits are the deposits by customers into the bank. The bank uses these funds to make loans that it issues out to others. It is recorded as a liability on a Banks Balance sheet because it represents that the bank owes its customers.

User Oleg Koshkin
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