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If a Customer Deposits $1,000 Cash into Her Checking Account

Question 127

Multiple Choice

If a customer deposits $1,000 cash into her checking account, the bank's


A) assets rise by $1,000 and liabilities fall by $1,000.
B) assets fall by $1,000 and liabilities rise by $1,000.
C) assets and liabilities both fall by $1,000.
D) assets and liabilities both rise by $1,000.
E) profits rise by $1,000.

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