5. These are items on ABC Banks balance sheet. Classify them as assets or liabilities....
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Accounting
5. These are items on ABC Banks balance sheet. Classify them as assets or liabilities. Remember that assets = liabilities + bank capital. Calculate the amount of bank capital. What percentage is bank capital of total assets?
Credit received from the interbank money market = $20 million Reserves on deposit at the Federal Reserve = $30 million Holdings of government bonds = $60 million Deposits = $560 million
Holdings of corporate bonds = $50 million Loans made by ABC Bank = $500 million
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