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Serhud [2]
2 years ago
12

Suppose the owners of the bank borrow $100 to supplement their existing reserves. This would increase the reserves account and:.

Business
1 answer:
lawyer [7]2 years ago
6 0

When the owners of the bank borrow $100 to supplement their existing reserves, it'll increase the reserves account and debt account.

<h3>What is a reserve account?</h3>

It should be noted that a reserve account simply means the accumulation of funds that are used for future purpose.

In this case, when the owners of the bank borrow $100 to supplement their existing reserves, it'll increase the reserves account and debt account.

Learn more about reserve account on:

brainly.com/question/25817380

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