Question
MrsSmith (bank account in Bank A) buys a $5 coffee from the rooftop coffee (bank account in Bank B). On a scrap paper, draw the
MrsSmith (bank account in Bank A) buys a $5 coffee from the rooftop coffee (bank account in Bank B).
On a scrap paper, draw the effect of this operation on Bank A'sbalance sheet. Use your draft to fill the following multiple blanks .The scrap paper will not be uploaded but needs to be kept it for future reference.
For each blank type sign + or - to represent the net change followed by one number(with no dollar sign)or X if that item is at a wrong location in the balance sheet or 0 if that item is at the right location but does not change (in net or at all).
BankA
AssetsLiabilities +Equity
Loans:[A]
Deposits:[B]Deposits:[F]
ESF:[C]ESF:[G]
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