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What are depository institutions?
Depository institutions: intermediaries along with an important proportion of their funds derived through customer deposits as consists of: commercial banks, credit unions and savings institutions.
Commercial banks:
It accepts deposits (liabilities) to create loans (assets) as well as to buy government securities.
Credit unions:
These are non-profit institutions mutually organised and also owned through their members (depositors).
Contractual savings institutions:
Contractual savings institutions obtain funds at periodic intervals onto a contractual basis.
The construction of a highway is broken into 14 activities as shown in the following table. Draw a bar chart of this construction project. Activity ID Desc
DO YOU HAVE A SAMPLE BALANCE SHEET
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objectives
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