of Bank Q: lions are based on the balance sheet Assets millions Liabilities Reserves millions $20 Transaction deposits Loans $100 $400 Non transaction deposits Securities $300 $100 Borrowings $95 Equity capital $25 Total Total $520 $520 Assume that the reserve requirement for Bank Q is 10%. Show how each of the following transactions will alter Bank Q's balance sheet. Just use T-account i.e. only show changes in appropriate items. (No need to write down the whole balance sheet) There are a few possible correct answers. 4. Bank Q participates in open market sales by the Federal Reserve and buys securities worth of $50 million. Assets Liabilities millions millions Reserves Transaction deposits Non transaction deposits Loans Securities Borrowings Equity capital Total Total