![Whenever You Discuss Banking With Normies [921x965 - 58KB]](https://pic8.co/sh/vcp0Ow.jpg){kind=link}
Idk what YOU mean by banking, but in no banking that I do are loans considered assets and capital considered a liability
Idk what YOU mean by banking, but in no banking that I do are loans considered assets and capital considered a liability
From a bank's perspective, customer deposits are liabilities (because you have to pay your customers back on demand) and loans (where someone owes the bank money + interest) are assets.
From a bank's perspective, customer deposits are liabilities (because you have to pay your customers back on demand) and loans (where someone owes the bank money + interest) are assets.
What bank owns only $9,000 in bonds? This is supposed to be a personal ledger
And still capital, cash on hand owned by the individual or institution, is never a liability
What bank owns only $9,000 in bonds? This is supposed to be a personal ledger
And still capital, cash on hand owned by the individual or institution, is never a liability
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