Impact on balance sheet of First Bank? (急, 今天內)
2007-01-13 1:28 am
Suppose the Fed purchases $1 billion in securities from First Bank. What is the impact on First Bank's balance sheet?
回答 (1)
2007-01-13 5:16 am
✔ 最佳答案
First, Fed is give money yo First bank therefore, First bank's CASH in increase
CASH is in Current account ( CASH BALANCE will increase $1 billon)(DR)
CR Income statement account ( profit AND LOSS ACCOUNT)
due to purchases in securities
first bank profit increase
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