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Accounting
A bank's customer wants to exercise a $ 2 ,
A bank's customer wants to exercise a $ 2 , 9 8 0 , 0 0 0
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A bank's customer wants to exercise a $ 2 , 9 8 0 , 0 0 0 loan commitment. Show the balance sheet after the loan is established using purchased liquidity to fund the loan. ( 6 points ) Assets Liabilities and Equity Cash $ 1 , 9 3 0 , 5 0 0 Deposits $ 1 7 , 9 0 0 , 0 0 0 Loans 1 2 , 8 7 3 , 4 0 0 Equity 4 , 5 5 3 , 9 0 0 Securities 7 , 6 5 0 , 0 0 0 Total Assets $ 2 2 , 4 5 3 , 7 0 0 Total Liabilities and Equity 2 2 , 4 5 3 , 7 0 0
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Posted Date:
May 18, 2024 09:06 PM
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