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Ursula Deposits $4,000 into the Checking Account of Her Bank

Question 76

Multiple Choice

Ursula deposits $4,000 into the checking account of her bank. This will:


A) increase the bank's assets without affecting the amount of liabilities.
B) decrease the bank's liabilities without affecting the amount of assets.
C) increase both the assets and liabilities of the bank.
D) decrease both the assets and liabilities of the bank.
E) increase the bank's assets and decrease the bank's liabilities.

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