If I deposited cash in a Bank, Is it Asset Or Liability for
the Bank?
Answers were Sorted based on User's Feedback
Answer / harish.sg
It is an Liability to the bank. Is it Right ans ?
| Is This Answer Correct ? | 15 Yes | 1 No |
Answer / k.devi kiran
It is absolutely a Liability to the Bank coz once the bank
receives the money from the customer it 'll become due to
him.
| Is This Answer Correct ? | 13 Yes | 1 No |
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