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any one solve this. please. 70 Solve the case study below. SOLVED PROBLEM 10.1 Constructing a Bank Balance Sheet The following entries are from the
any one solve this. please.
70 Solve the case study below. SOLVED PROBLEM 10.1 Constructing a Bank Balance Sheet The following entries are from the actual balance sheet of a U.S. banki Cash, including cash items in the process of collection 5121 Non-interest bearing deposits 275 Deposits with the Federal Reserve 190 Commercial loans 253 Long-term bonds issued by the bank) 439 Real estate loans 460 Commercial paper and other short-term borrowing Consumer loans 187 Securities 311 Interest-bearing deposits 717 Buldings and equipment 16 Other assets 695 Other liabilities 491 Made Wific step 1 Keview the chapter material inis problem is about bank balance sheets, so you may want to review the section "The Basics of Commercial Banking: The Bank Balance Sheet," which begins on page 207. Step 2 Answer part (a) by using the entries to construct the bank's balance sheet, remembering that bank capital is equal to the value of assets mi- nus the value of liabilities. Assets Liabilities and bank capital Cash, including cash items in the $121 Non-interest-bearing deposits $275 process of collection Deposits with the Federal Reserve 190 Interest-bearing deposits 717 Commercial loans 253 Commercial paper and other 70 short-term borrowing Real estate loans 460 Long-term bonds 439 Consumer loans 187 Other liabilities 491 Securities 111 Total liabilities 1,992 Buildings and equipment 16 Bank capital 231 Other assets 685 Total assets $2,223 Total liabilities - bank capital $2,223Step by Step Solution
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