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If they issue treasury bonds (in the case of the US Fed).

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11y ago

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Is a positive balance in your cheque account a asset or liability to you and the bank?

For Bank: Liability For You: Asset


Is cash at the bank an asset or liability?

Cash at the bank is an asset for you but a liability for the bank if it is held in a checking or regular savings account.


What is external liability?

what is external liability all debts that are external from the business eg. bank loan,bank overdraft,


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Is a bank overdraft an liability?

Bank Overdraft as Liability by Kayors Yes, a bank overdraft are classified as a current liability. What happens here is withdrawls from the bank exceed deposits. The lending institution, usually the bank, would allow an extension of credit in such a case. The company is usually expected to pay within short-term and it results in negative balance in company's bank account. That is the reason for the overdraft being classified as a current liability.


What is a central bank?

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What is the central bank of the US is the?

The Federal Reserve Bank is the central bank of the US.


Cash at the bank as an asset and as a liability?

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Is a bank loan considered an asset or a liability on a company's balance sheet?

A bank loan is considered a liability on a company's balance sheet because it represents money that the company owes to the bank.


What is the name of the central bank of the US?

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Is an overdraft a liability?

Bank Overdraft as Liability by Kayors Yes, a bank overdraft are classified as a current liability. What happens here is withdrawls from the bank exceed deposits. The lending institution, usually the bank, would allow an extension of credit in such a case. The company is usually expected to pay within short-term and it results in negative balance in company's bank account. That is the reason for the overdraft being classified as a current liability.