assume that banc one receives a primary deposit
Assume that Banc One receives a primary deposit of $1 million. The bank must keep reserves of 20 percent against its deposits. Prepare a simple balance sheet of assets and liabilities for Banc One immediately after the deposit is received.
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assume that banc one receives a primary deposit of 1 million the bank must keep reserves of 20 percent against its deposits prepare a simple balance
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