If a Local Bank Decides to Convert Some of Its

Multiple Choice

If a local bank decides to convert some of its U.S.Treasury securities into cash,which it will hold in its vault,reserves will ________,liabilities will ________,and owner's equity will ________.

A) increase; stay the same; decrease
B) increase; stay the same; stay the same
C) decrease; decrease; decrease
D) decrease; stay the same; decrease
E) stay the same; increase; decrease