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Complete the table below for the Third National Bank. You have to distinguish between a bank's assets and bank's liabilities. The figures in the table below are for the Third National Bank. All figures are in thousands of dollars. Assets Liabilities and Net Worth Stock Shares $ 420 $4 Reserves 25 Property 300 Securities 100 Loans 100 Demand Deposits 105 2.3. What is the total assets of this bank? Explain the basics of this bank's balance sheet %24

Complete the table below for the Third National Bank. You have to distinguish between a bank's assets and bank's liabilities. The figures in the table below are for the Third National Bank. All figures are in thousands of dollars. Assets Liabilities and Net Worth Stock Shares $ 420 $4 Reserves 25 Property 300 Securities 100 Loans 100 Demand Deposits 105 2.3. What is the total assets of this bank? Explain the basics of this bank's balance sheet %24

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2.2. Complete the table below for the Third National Bank. You have to distinguish between a bank's assets and bank's liabilities. The figures in the table below are for the Third National Bank. All figures are in thousands of dollars. Assets Liabilities and Net Worth Stock Shares $ 420 $4 Reserves 25 Property 300 Securities 100 Loans 100 Demand Deposits 105 2.3. What is the total assets of this bank? Explain the basics of this bank's balance sheet %24
Transcribed Image Text:2.2. Complete the table below for the Third National Bank. You have to distinguish between a bank's assets and bank's liabilities. The figures in the table below are for the Third National Bank. All figures are in thousands of dollars. Assets Liabilities and Net Worth Stock Shares $ 420 $4 Reserves 25 Property 300 Securities 100 Loans 100 Demand Deposits 105 2.3. What is the total assets of this bank? Explain the basics of this bank's balance sheet %24
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