Nita Deposits a Check for $750 Drawn Against Home Federal

question 146

Multiple Choice

Nita deposits a check for $750 drawn against Home Federal Bank into her account at Village Bank.Which pair of the T-accounts below shows this transaction on the respective bank's balance sheets?

• A)\[\begin{array} { | c c | l l l | }
• \hline { \text { Viliage Bank } } && { \text { Home Federal Bank } } \\
• \hline \text { Assets } & \text { Liabilities } & \text { Assets } & { \text { Liabilities } } \\
• \hline \text { Reserves } + 750 & \text { Checkable } & \text { Reserves } - 750 & \text { Checkable } \\
• & \text { deposits } + 750 & & \text { deposits } - 750 \\
• \hline
• \end{array}\]
• B)\[\begin{array} { | c c | l l l | }
• \hline { \text { Viliage Bank } } && { \text { Home Federal Bank } } \\
• \hline \text { Assets } & \text { Liabilities } & \text { Assets } & { \text { Liabilities } } \\
• \hline \text { Reserves } + 750 & \text { Checkable } & \text { Reserves } + 750 & \text { Checkable } \\
• & \text { deposits } - 750 & & \text { deposits } - 750 \\
• \hline
• \end{array}\]
• C)\[\begin{array} { | c c | l l l | }
• \hline { \text { Viliage Bank } } && { \text { Home Federal Bank } } \\
• \hline \text { Assets } & \text { Liabilities } & \text { Assets } & { \text { Liabilities } } \\
• \hline \text { Reserves } - 750 & \text { Checkable } & \text { Reserves } - 750 & \text { Checkable } \\
• & \text { deposits } - 750 & & \text { deposits } - 750 \\
• \hline
• \end{array}\]
• D)\[\begin{array} { | c c | l l l | }
• \hline { \text { Viliage Bank } } && { \text { Home Federal Bank } } \\
• \hline \text { Assets } & \text { Liabilities } & \text { Assets } & { \text { Liabilities } } \\
• \hline \text { Reserves } + 750 & \text { Checkable } & \text { Reserves } + 750 & \text { Checkable } \\
• & \text { deposits } + 750 & & \text { deposits } + 750 \\
• \hline
• \end{array}\]

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Definitions:

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that the body has to stress.

Skeletal Muscles

The muscles connected to bones that are responsible for voluntary movements of the body parts.

Tend-And-Befriend

A theory suggesting that in response to stress, individuals (particularly females) are predisposed to nurture (tend) and seek social support (befriend) rather than fight or flee.

Sympathetic Nervous System

A segment of the autonomic nervous system responsible for initiating the so-called fight or flight response.