Show how the folowing transactions affect te balance sheet

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Show how the folowing transactions affect te balance sheet of a certain commercial bank

a. The bank issued 500,000 shares for $10 par value, for which the stockholders fully paid the corresponding amount
b.The bank receives a time deposit of $111,000 in cash , and made a corresponding legal reserve for 15% of time deposit
c, the management acquires some additional office equipment for $25,000, and office furnitures for $18,030
d, The bank receives application for mercantile credit amounting to $25,000

Reference no: EM13255340

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