Question

A bank has stock shares of $100,000, property assets of $90,000, and cash of $10,000. If households and businesses decide to deposit $50,000 in the bank as checkable deposits, the balance sheet will be ______. Multiple choice question.

Answer 1

$100,000

Step-by-step explanation:

A bank has stock shares of $100,000, property assets of $90,000, and cash of $10,000. If households and businesses decide to deposit $50,000 in the bank as check able deposits, balance sheet will be

Assets - cash = $ 60,000, property assets= $90,000, liabilities and net worth - check able deposits= $50,000 and stock shares= $100,000.