Rearrange the following accounts to construct a bank


Rearrange the following accounts to construct a bank balance sheet for First National Bank. What are the total amounts that make the bank’s balance sheet balance?

Government Securities:                                   7 million

Building, Land and Equipment:                     14 million

Loans secured by Real Estate:                        30 million

Owners’ Capital:                                             6 million

Other Long-Term Liabilities:                          2 million

Fed Funds Purchased:                                                8 million

Fed Funds Sold:                                             2 million

Demand Deposits:                                          20 million

Cash Assets:                                                    5 million

Commercial and Industrial Loans:                  18 million

Time and Saving Deposits                              40 million

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Financial Management: Rearrange the following accounts to construct a bank
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