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If Carlos Decides to Deposit $100 in Cash into His

Question 70

Multiple Choice

If Carlos decides to deposit $100 in cash into his savings account at the bank,how would this be reflected on the bank's balance sheet?


A) Reserves and deposits would increase by the same amount as the deposit.
B) Reserves and deposits would decrease by the same amount as the deposit.
C) This activity would not be recorded on a bank's balance sheet.
D) Reserves would increase and deposits would decrease by the same amount as the deposit.
E) Reserves would decrease and deposits would increase by the same amount as the deposit.

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