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Using the T-accounts of the First National Bank and the Second National Bank, describe what happens when Jane Brown writes a check for $60 on

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Using the T-accounts of the First National Bank and the Second National Bank, describe what happens when Jane Brown writes a check for $60 on her account at the First National Bank to pay her friend Joe Green, who in turn deposits the check in his account at the Second National Bank. T-account for the First National Bank: Assets Liabilities Reserves Checkable deposits

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