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Reserves $100 Checkable Deposits 1,000 Loans (to customers) 300 Property 400 Securities (owned) 300 Stock Shares...

Reserves $100 Checkable Deposits 1,000 Loans (to customers) 300 Property 400 Securities (owned) 300 Stock Shares 100 Refer to the accompanying table of information for the Moolah Bank. Assume that the listed amounts constitute this bank's complete set of accounts. Moolah's

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Answer #1

Moolah's total asset = $1100

Moolah's total liability = $1100

Assets
Reserves 100
Loans (to customers) 300
Property 400
Securities (owned) 300
Capital stock 0
Total assets 1100
Liabilities
Checkable deposit 1,000
Equity (Net worth) 100
Total liabilities & Equity 1,100
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