The Bank ABC has a bank balance sheet with $100,000 in total reserves, and there is a reserve requirement ratio of 20%. The bank has $20,000 in required reserves. Create a bank balance sheet reflecting the total reserves, the required reserves, the excess reserves, and the demand deposits. Danielle deposits $2000 in her savings account. How is this be recorded on the bank balance sheets? Show this on your bank balance sheet. Bank ABC buys government bonds (securities) of $50,000. How is this recorded on the bank balance sheets? Show this on your bank balance sheet. After all of these transactions, what is the total of: Total reserves Required reserves total assets Total liabilities When Bank ABC needs to take a short-term loan from another commercial bank, what is the rate charged for this loan called

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Bank ABC Balance Sheet Initial Balance Asset Liability Total Reserves 100000 Required ... View the full answer