Question Completion Status: Moving to another question will save this response Question 2 of 4 Question 2 11 points Save Answer Assume that Banc One receives a primary deposit of $1 million. The bank must keep reserves of 20 percent against ils deposits. Prepare a simple balance sheet of assets and abilities for Banc One immediately after the deposit is received ASSETS LIABILITIES Reserves $1 Million Deposits $1 Million ASSETS LIABILITIES Reserves $800.000 $200.000 Deposits $1 Million ASSETS LIABILITIES Reserves 51 Million Deposits $800.000 $200.000 Moving to another question will save this response Question 2 of 4 > >> 1053 AM 0 46386215