Assume that the required reserve ratio is 20 percent. a business deposits a $50,000 check at bank a; the check is drawn against bank b. what happens to the excess reserves at bank a and bank b?

Why should you not sign the tenant landlord agreement quickly and immediately

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)

What is difference between fiscal year and tax year? explain in the simplest way.