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Suppose that Bank of America lends $291,000 to Jill's Jerseys. Using T-accounts, show how this transaction is recorded on the bank's balance sheet. (Enter your

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Suppose that Bank of America lends $291,000 to Jill's Jerseys. Using T-accounts, show how this transaction is recorded on the bank's balance sheet. (Enter your responses as integers. Include a minus sign to indicate a negative change, but do not include a plus sign for a positive change.) Bank of America 2 02893Assets Liabilities Loans $ Checkable Deposits Jil's spends the money to buy materials from Zach's Zippers, which has its checking account at PNC Bank, show the effect on Bank of America's balance sheet (Enter your responses as integers. Include a minus sign to indicate a negative change, but do not include a plus sign for a positive change.) to Bank of America Assets Llabilities Llabilities Reserves $ Checkable Deposits What is the total change in Bank of America's assets and liabilities? The total change in Bank of America's assets equals tud dy en entra O A zero, with a loss of $291,000 in loans and an additional $291,000 of reserves. The total change in liabilities equals $291,000. O B. zero, with a loss of $291,000 in loans and an additional $291,000 of reserves. The total change in abilities equals zero, with the $291,000 checking account being spent O C. zero, with an additional $291,000 in loans and a loss of $291,000 of reserves. The total change in liabilities equals - $291,000. O D. zero, with an additional $291,000 in loans and a loss of $291,000 of reserves. The total change in liabilities equals zero, with the $291,000 checking account being spent izlet

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