What is the total change in bank of america

Reference no: EM13532951

Suppose that Bank of America lends $100,000 to Jill's Jerseys. Using T-accounts, show how this transaction is recorded on the bank's balance sheet. If Jill's spends the money to buy materials from Zach's Zippers, which has its checking account at PNC Bank, show the effect on Bank of America's balance sheet. What is the total change in Bank of America's assets and liabilities

Reference no: EM13532951

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