Final answer:
Account balances from the adjusted tabular summary that may not appear the same on the balance sheet include stock and bond values. These values are not directly reported, while the dividends and interest are. The balance sheet reflects the fractional reserve banking system, and the valuation of loans in the secondary market can fluctuate based on the borrower's payment history, overall interest rates, and the borrower's financial health.
Step-by-step explanation:
The question pertains to understanding which account balances from the adjusted tabular summary would not appear the same on the balance sheet. In accounting, the balance sheet provides a snapshot of a company's finances at a specific point in time, including assets, liabilities, and shareholders' equity. However, certain balances may be adjusted due to accounting principles before they are presented on the balance sheet.
According to the reference information, the stock and bond values will not show up in the current account, but the dividends from stocks and the interest from bonds will appear as an import to income in the current account. This implies that while the adjusted tabular summary might show the actual values of stocks and bonds, these are not directly reported on the balance sheet. Instead, the income they generate in the form of dividends and interest is recognized.
Furthermore, it's important to note why money listed under assets on a bank balance sheet may not actually be in the bank. Banks often lend out the majority of the deposits they receive, keeping only a small proportion in reserve. This is known as fractional reserve banking. Consequently, the cash listed as 'Assets' on the balance sheet can be significantly higher than the actual cash the bank has on hand.
When purchasing loans in the secondary market, a buyer may pay more or less based on several factors. If the borrower has been late on loan payments, the loan is riskier, and its value would be less. If the overall interest rates in the economy have risen since the loan was made, the original loan has a comparatively lower rate, making it less valuable. Conversely, if the borrower is doing financially well, as shown by high profits, the risk of default is lower, and the loan would be more valuable. Lastly, if the interest rates have fallen since the bank issued the loan, the fixed-rate loan is more valuable, as it provides a higher return compared to the current rates.