Explanation

Option B is correct: In banking balance-sheet accounting:

– Deposits (Demand and Time Deposits) are liabilities for commercial banks because the bank owes this money back to its customers and must pay interest on it.
– Bank Assets represent resources owned by the bank or claims on others that yield revenue, which include Advances/Loans made to borrowers, Investments in government securities and equities, Cash in hand, and Money at call and short notice lent to other institutions in the interbank market.

Therefore, the item not included in assets is Deposits — Option B.