Final answer:
When a bank lends money, it increases its assets. In this scenario, Singleton Bank recorded the loan as an asset and increased the deposits at First National by $9 million.
Step-by-step explanation:
The amounts that increase cash can be recorded in the context of a loan transaction. When a bank lends money, it increases its assets. In the given scenario, Singleton Bank lends $9 million to Hank's Auto Supply, and this loan is recorded as an asset on the bank's balance sheet. The bank then issues a cashier's check to Hank's Auto Supply, which increases the deposits at First National by $9 million.