Question: mrs smith bank account in bank a buys a 5...
Question details
Mrs Smith (bank account in Bank A) buys a $5 coffee from the rooftop coffee (bank account in Bank B).
On a scrap paper, draw the effect of this operation on Bank A's balance sheet.
For each blank type a sign + or - to represent the net change followed by one number (with no dollar sign) or X if that item is at a wrong location in the balance sheet or 0 if that item is at the right location but does not change (in net or at all).
Bank A
Assets Liabilities +Equity
Loans: [A]
Deposits: [B] Deposits: [F]
ESF: [C] ESF: [G]
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