标题: Client's Money on a Bank Balance sheet [打印本页]

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作者: clearlycanadian    时间: 2011-7-13 16:23     标题: Client's Money on a Bank Balance sheet

Hello Everyone...

Does anyone know how the client's money is treated on the balance sheet of a bank? is it an asset? Contra-asset? liability?
Please post the "why" too.

Tanks in advance.

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作者: joemoran    时间: 2011-7-13 16:23

Bank owes money to depositors. Deposits are liabilites for a bank. Loans advanced are assets.

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