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Kindly explain as much as possible. it will be better to understand. Construct a Simple balance sheet for FIN441 Bank from the following information (all
Kindly explain as much as possible. it will be better to understand.
Construct a Simple balance sheet for FIN441 Bank from the following information (all figures in millions of dollars) for the year end date just concluded. What item is clearly missing from the below accounts that you need to add in so that the banks' balance sheet will fully be in balance? $ 12 25 5 20 3 21 64 55 10 13 Municipal Bond Time deposits Federal funds sold and securities purchased under repurchase agreements Subordinated notes and debentures Leases of asses to business customers Automobile loans Loans to commercial and industrial firms Demand deposits U.S. Treasury bills Cash Credit Card loans Deposits due from other banks Savings deposits Bank building and equipment Money market deposits Federal funds purchased Mortgage against the bank's buildings Real estate loans Deposits due to other banks Securities sold under repurchase agreements 22 25 15 7 31 34 26 42 5 4Step by Step Solution
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