If I deposited cash in a Bank, Is it Asset Or Liability for
the Bank?

Answers were Sorted based on User's Feedback



If I deposited cash in a Bank, Is it Asset Or Liability for the Bank?..

Answer / harish.sg

It is an Liability to the bank. Is it Right ans ?

Is This Answer Correct ?    15 Yes 1 No

If I deposited cash in a Bank, Is it Asset Or Liability for the Bank?..

Answer / k.devi kiran

It is absolutely a Liability to the Bank coz once the bank
receives the money from the customer it 'll become due to
him.

Is This Answer Correct ?    13 Yes 1 No

If I deposited cash in a Bank, Is it Asset Or Liability for the Bank?..

Answer / shameer muhammed

Its Is Liability

Is This Answer Correct ?    9 Yes 0 No

If I deposited cash in a Bank, Is it Asset Or Liability for the Bank?..

Answer / k.janardhan

liability

Is This Answer Correct ?    5 Yes 0 No

If I deposited cash in a Bank, Is it Asset Or Liability for the Bank?..

Answer / muralidhar

Abosulutely liability

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

what is Balanceshet?

4 Answers   EDS,


Hi any one send me the configuration steps for make to order and make to stock in sap .send to my mail id c.sujatha2008@gmail.com

0 Answers   iGate,


what is derivative?

7 Answers   Angel Broking, Capital IQ,


what is amortization or what is the use of amortization?

2 Answers  


Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.

0 Answers  






Can grants made in stage payments but not yet received be accrued as grants receivable?

1 Answers  


Please share different type of Z report

0 Answers  


what is Functional Specification in SAP FICO?

0 Answers  


what is sundry ?

1 Answers  


Why you want to leave your present job while they offer you with good offer?

0 Answers  


What cost-cutting measures have you implemented?

3 Answers   GE,


Diffrence between cost, financial and management accounting

2 Answers  


Categories