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Suppose a customer deposits $1,000 cash into her chequing account. How will this affect the banks assets and liabilities? a. Assets fall by $1,000 and

Suppose a customer deposits $1,000 cash into her chequing account. How will this affect the bank’s assets and liabilities?

a.

Assets fall by $1,000 and liabilities fall by $1,000.

b.

Assets fall by $1,000 and liabilities rise by $1,000.

c.

Assets rise by $1,000 and liabilities fall by $1,000.

d.

Assets rise by $1,000 and liabilities rise by $1,000.

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