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If Zachary Deposits $500 Cash into His Checking Account, His

Question 175

Multiple Choice

If Zachary deposits $500 cash into his checking account, his bank's assets then


A) rise by $500 and liabilities rise by $500.
B) rise by $500 but liabilities do not change.
C) do not change but liabilities rise by $500.
D) rise by $500 and liabilities fall by $500.

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