Calculate effects deposits and loans have on personal or bank assets and equities.Balance sheet effectA bank showed the following items (among other) on its
balance sheet at January 1, 2000:Cash $2,644,000,000Total Deposits $41,644,000,0001. Suppose
you made a bank deposit of $1,000. How would each of the bank assets and
equities be affected? How much would each of your personal assets and equities
be affected? Be specific.2. Suppose a
branch makes a $900.000 loan at a local hospital for remodeling. What would be
the effect on each of the branch’s assets and equities immediately after the
loan is made? Be specific.
3. Suppose
you borrowed $10,000 from a trust company on a personal loan. How would such a
transaction affect your personal assets and equities?