Which of the following would appear on the liability side of a commercial bank balance sheet?
A) reserves
B) checkable deposits
C) loans
D) securities

Question

Which of the following would appear on the liability side of a commercial bank balance sheet?
A) reserves
B) checkable deposits
C) loans
D) securities

Quizplus · Accepted Answer

Checkable deposits are a liability for a commercial bank because the bank owes these amounts to depositors. They represent the money that customers have deposited into their checking accounts and can withdraw on demand.

Which of the Following Would Appear on the Liability Side of a Commercial