A bank that has just opened should have assets Equal to its liabilities and net worth.
What are assets and liabilities of a
Bank?
Assets are items that the bank owns. This includes loans, securities, and reserves. Liabilities are items that the bank owes to someone else, including deposits and bank borrowing from other institutions.
A balance sheet is an accounting tool that lists assets and liabilities. An asset is something of value that is owned and can be used to produce something. A liability is a debt or something you owe.
Therefore for a bank that has just opened, it should have it's assets equal to its liabilities and networth.
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