What is effect of transaction on bank accounting equation

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Problem - Third State Bank loans a customer $5,000 in exchange for a promissory note. What is the effect of this transaction on the bank's accounting equation?

Reference no: EM132846793

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What is effect of transaction on bank accounting equation : Third State Bank loans a customer $5,000 in exchange for a promissory note. What is the effect of this transaction on the bank's accounting equation
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