Bank deposits, whether in the form of checking, savings or time are? O Debts (IOUs...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Bank deposits, whether in the form of checking, savings or time are? O Debts (IOUs or financial liabilities) held and used by depository banks and are a form of electronic accounting. This makes the total number of issuances physically constrained. O Reserves of the bank. O Credits (financial assets) held and used by depository banks and are a form of electronic accounting. This makes the total number of issuances physically constrained. O Debts (IOUs or financial liabilities) issued by depository banks and are a form of electronic accounting. This means there is no physical constraint to the number of issuances
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
