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dezoksy [38]
2 years ago
12

For a bank, when a person deposits money into the bank, this: a creates a liability and an asset for the bank. b creates a liabi

lity for the depositor. c is most likely to result in a decrease in the money supply. d creates only a liability for the bank. e creates only an asset for the bank.
Business
1 answer:
Blizzard [7]2 years ago
8 0

Answer:

The answer is A.

Explanation:

Bank deposits from customers create both a liability and an asset for the bank.

1. As a liability: The deposit is the customer's money. The bank is keeping the money for the customer. The customer can withdraw the fund any time.

2. As an asset: The money deposited by the customer can be used by the bank to generate revenue pending when the customer withdraws the money. The money not yet withdrawn by customers is still in the possession of the bank and the bank controls it.

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seropon [69]

Answer:

Skysong, Inc.

Balance Sheet (Partial)

As on December 31, 2017.

Liabilities

Long Term Liabilities

Bonds payable (due 2021)   $920,000

Notes payable (due 2019)    $84,000

Discount on bonds payable (<u>$23,000)</u>

Total Long Term Liabilities   <u>$981,000</u>

Explanation:

Long term liabilities are all those liabilities that will be paid after one year's time. As Bond Payable is due in 2021 and needs to be paid after 4 years it is classified as long term liabilities. Note Payable is also due in 2019 and needs to be paid after 2 years it is also classified as long term liabilities.

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3 years ago
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amm1812

Answer:

The correct option is B, high surgency

Explanation:

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High surgency in personality score reflects high level of positivism where one is confident and assured that subordinates or co-workers would do as expected.

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High consciousness ensures an employee takes cognizance every little detail of happenings or events unfolding in the work environment with aim of knowing how best to tackle each situation head-on

8 0
3 years ago
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5 0
3 years ago
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vovikov84 [41]

Answer:

A. True

Explanation:

The central bank (reserve bank, monetary authority) is the institution responsible for the monetary policy of a country or group of countries. The main purpose of the central bank is to maintain the stability of the currency and the money supply. However, central banks also have duties such as being the last credit authority of the banking sector and controlling the interest rate. In addition, the central bank may have powers, such as supervising banks and other financial institutions, against negligence and fraud. Central banks play the role of banks for private banks and the government of the country. Process checks and lend to members.  Central banks keep their foreign currency in foreign currency reserves. These resources are used to fluctuate exchange rates. Usually they add dollars or euros in order to match their currencies. This is said to be strong and helps exporters keep their prices competitive. Central banks also regulate exchange rates as a way of controlling inflation. They buy and sell large quantities of foreign currency for supply and demand.

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3 years ago
Explain the concept of sustainable entrepreneurship and its dimensions.​
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