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Rearrange the following accounts to construct a bank balance sheet for First National Bank. What are the total amounts that make the bank’s balance sheet balance?

Government Securities: 7 million

Building, Land and Equipment: 14 million

Loans secured by Real Estate: 30 million

Owners’ Capital: 6 million

Other Long-Term Liabilities: 2 million

Fed Funds Purchased: 8 million

Fed Funds Sold: 2 million

Demand Deposits: 20 million

Cash Assets: 5 million

Commercial and Industrial Loans: 18 million

Time and Saving Deposits 40 million

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91378152

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