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The Table Below Shows the Balance Sheet of Leftbank A)The Bank Received a Shipment of Cash from the Fed

Question 99

Multiple Choice

The table below shows the balance sheet of Leftbank.Which of the following transactions has just taken place at Leftbank?
Table 14.3
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LEFTBANK
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 Assets  Liabilities and Net Worth  Deposits with the Fed $10,000 U.S. Government securities $10,000\begin{array}{|l|r|r|}\hline \text { Assets } & & \text { Liabilities and Net Worth } \\\hline \text { Deposits with the Fed } & -\$ 10,000 & \\\hline \text { U.S. Government securities } & \$ 10,000 &\\\hline\end{array}


A) The bank received a shipment of cash from the Fed.
B) A customer deposited $10,000 cash in his account.
C) The bank sold a security to the Fed.
D) The Fed sold a security to the bank.
E) The bank borrowed $10,000 from the Fed.

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