Banking is a unique business and banks are a very important institution to the efficient functioning of the financial system. What are the various components of the banks balance sheet? What are the different assets and liabilities in their balance sheet? Deposits are assets for anyone investing it, but how deposits accepted by a bank are represented in Bank's balance sheet? Explore answers to these questions and understand the significance of items that are generally part of the balance sheet of a commercial bank. Understand the business model of commercial banking from an accountant’s perspective.