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What happens to reserves at the First National Bank if one person withdraws $1,500 of cash and another person deposits $600 of cash? Use a
What happens to reserves at the First National Bank if one person withdraws $1,500 of cash and another person deposits $600 of cash? Use a T-account to explain your answer. Part 2
The T-account for First National Bank is:
Assets Liabilities
Rese $ enter your response here Checkable deposits$ enter your response here
The T-account for the Second National Bank is:
Assets Liabilities
Reserves $ Checkable deposits $
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