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On a bank's balance sheet, customer deposits are recorded as:

ALiabilities
BBank assets
CNet worth
DReserves
Answer & Solution
Correct answer: A. Liabilities
1. The bank owes deposits to customers. 2. So deposits are liabilities. 3. Loans and bonds are assets. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 13, Money and Banking (CC BY 4.0)._
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