Nita Deposits a Check for $750 Drawn Against Home Federal

Multiple Choice

Nita deposits a check for $750 drawn against Home Federal Bank into her account at Village Bank.Which pair of the T-accounts below shows this transaction on the respective bank's balance sheets?

A) $$\begin{array} { | c c | l l l | } \hline { \text { Viliage Bank } } && { \text { Home Federal Bank } } \\\hline \text { Assets } & \text { Liabilities } & \text { Assets } & { \text { Liabilities } } \\\hline \text { Reserves } + 750 & \text { Checkable } & \text { Reserves } - 750 & \text { Checkable } \\& \text { deposits } + 750 & & \text { deposits } - 750 \\\hline\end{array}$$
B) $$\begin{array} { | c c | l l l | } \hline { \text { Viliage Bank } } && { \text { Home Federal Bank } } \\\hline \text { Assets } & \text { Liabilities } & \text { Assets } & { \text { Liabilities } } \\\hline \text { Reserves } + 750 & \text { Checkable } & \text { Reserves } + 750 & \text { Checkable } \\& \text { deposits } - 750 & & \text { deposits } - 750 \\\hline\end{array}$$

C) $$\begin{array} { | c c | l l l | } \hline { \text { Viliage Bank } } && { \text { Home Federal Bank } } \\\hline \text { Assets } & \text { Liabilities } & \text { Assets } & { \text { Liabilities } } \\\hline \text { Reserves } - 750 & \text { Checkable } & \text { Reserves } - 750 & \text { Checkable } \\& \text { deposits } - 750 & & \text { deposits } - 750 \\\hline\end{array}$$

D) $$\begin{array} { | c c | l l l | } \hline { \text { Viliage Bank } } && { \text { Home Federal Bank } } \\\hline \text { Assets } & \text { Liabilities } & \text { Assets } & { \text { Liabilities } } \\\hline \text { Reserves } + 750 & \text { Checkable } & \text { Reserves } + 750 & \text { Checkable } \\& \text { deposits } + 750 & & \text { deposits } + 750 \\\hline\end{array}$$