Which of the following is classified as an asset for a commercial bank customer?

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Which of the following is classified as an asset for a commercial bank customer?

a. deposits with the federal reserve
b. a car loan
c. demand deposits
d. a commercial loan

I think it is c.
please advise

2007-03-05 00:39:16 · 2 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance

2 answers

As long as you mean a customer of a commercial bank, then yes, c is the only one that is an asset. B and D would both be liabilities on the customer's books, and A wouldn't apply to the customer.

2007-03-05 00:42:31 · answer #1 · answered by BosCFA 5 · 0⤊ 0⤋

C, if you mean the bank is a commercial bank for business customers.

2007-03-05 08:42:36 · answer #2 · answered by Plasmapuppy 7 · 0⤊ 0⤋