Balance sheet of Bank National Assets Liabilities Vault Cash Deposit in Fed Loans Total Assets $1,500 $

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Balance sheet of Bank National Assets Liabilities Vault Cash Deposit in Fed Loans Total Assets $1,500 $ 500 $4,000 $6,000 Deposits Total Liabilities $6,000 $6,000What is the amount of legal reserves (LR) in the balance sheet? What is the amount of legal reserves (LR) in the balance sheet? a. $500 b. $4,000 c. $1,500 d. $2,000 e. We would need to know what the amount of the reserve requirement (RR) is to answer this

Posted Date: May 18, 2024 05:08 PM

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Balance sheet of Bank National Assets Liabilities Vault Cash Deposit in Fed Loans Total Assets $1,500 $

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