Question
Which of these account items or entries would normally occur on a banks balance sheet (Report of Condition) and which on a banks income and
Which of these account items or entries would normally occur on a banks balance sheet (Report of Condition) and which on a banks income and expense statement (Report of Income)? (this question is from Chapter 5)
Please have your answer include ALL of the below entries, thank you for your hardworking!
-Federal funds sold | -Deposits due to banks |
-Addition to undivided profits | -Leases of business equipment to customers |
-Credit card loans | -Interest received on credit card loans |
-Utility expense | -Fed funds purchased |
-Vault cash | -Savings deposits |
-Allowance for loan losses | -Provision for loan losses |
-Depreciation on premises and equipment | -Service charges on deposits |
-Commercial and industrial loans | -Undivided profits |
-Repayments of credit card loans | -Mortgage owed on the banks buildings |
-Common stock | -Other real estate owned |
-Interest paid on money market deposits |
|
-Securities gains or losses |
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