Which of the Following Entries Would Appear on the Assets

question 53

Multiple Choice

Which of the following entries would appear on the assets side of a commercial bank's balance sheet?

• A)Government of Canada deposits
• B)Government of Canada securities
• C)savings deposits
• D)chequable deposits
• E)shareholders' equity

---

Definitions:

Forest Reserves

Public lands set aside to preserve forest ecosystems, protect watersheds, and support biodiversity conservation.

Public Domain Lands

Lands owned by the government that are not reserved for governmental or specific uses and are available for private use under certain conditions, such as settlement and cultivation.

Supreme Court

The highest judicial court in a country or state, having the ultimate authority to adjudicate appeals and resolve legal disputes.

National Park

A protected area, established by a national government, meant to preserve the natural environment for public enjoyment and ecological conservation.