If jills spends the money to buy materials from zachs, Financial Management

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If jills spends the money to buy materials from zachs

Suppose that Bank of America lends $100,000 to Jill's Jerseys. Using T-accounts, show how this transaction is recorded on the bank's balance sheet.

If Jill's spends the money to buy materials from Zach's Zippers, which has its checking account at PNC Bank, show the effect on Bank of America's balance sheet. What is the total change in Bank of America's assets and liabilities?

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Financial Management: If jills spends the money to buy materials from zachs

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Financial Management: If jills spends the money to buy materials from zachs

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