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April 18, 2015

Homework Help: Finance

Posted by Phoebe on Tuesday, October 22, 2013 at 5:06pm.

Following are selected balance sheet accounts for Third State Bank:
vault cash  $2 million; U.S. government securities  $5 million;
demand deposits  $13 million; nontransactional accounts  $20
million; cash items in process of collection $4 million; loans to individuals
$7 million; loans secured by real estate $9 million; federal
funds purchased $4 million; and bank premises $11 million

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