5 please answer part "c"other parts are correcta. The balance sheet for Sunshine Bank could appear like the figure tothe right. Identify which of the entries on the balance sheet should berecorded in the assets column. (Select all that apply.)A. Shareholders' equityB. Mortgage loansC. Government depositsD. Foreign currency reservesE. Demand depositsF. Notice (term) depositsG. Deposits at the Bank of CanadaH. Cash reservesb. What are total assets and liabilities for this commercial bank?Total assets are $ 9230 million and total liabilities are $ 9230 million.c. What is the bank's actual reserve ratio?The bank's actual reserve ratio is 15.1%.(Round your response to one decimal place.)wrongAssetsMortgage loansCash reservesShareholders' equityForeign currency reservesGovernment depositsDeposits at the Bank of CanadaDemand depositsNotice (term) depositsLiabilities2600600400580023023055003100

As per the given information: Mortgage loan - 2600Cash reserves - 600Shareholder's equity -…

Answered: please answer part "c" other parts are…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 8EB: Prepare the journal entry to reconcile the bank statement in EB7.

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Q1- A. What is a bank reconciliation and why is it important for companies to do it periodically? B. Prepare a Bank Reconciliation Statement for XYZ company that has: Bank statement of SR10,000. Cash account of SR7,500. Additional information for the reconciliation: Deposit in transit. NSF Check. Outstanding check. Collections made by the bank. Required: provide an amount of each information to bring the adjusted balances to be equal.
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