Arrange the following items in the form of a chartered bank's balance sheet, and explain how each might come into being.Capital stock, $300,000; Cash Reserves, $60,000; Property, $290,000; Demand deposits, $150,000; Securities, $40,000; Loans, $60,000

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The Answer of Arrange the following items in the form of a chartered bank's balance sheet, and explain how each might come into being.Capital stock, $300,000; Cash Reserves, $60,000; Property, $290,000; Demand deposits, $150,000; Securities, $40,000; Loans, $60,000

Arrange the Following Items in the Form of a Chartered