Question

Holding all else constant, when a bank receives the funds for a deposited check Question 3 options: A) bank liabilities decrease by the amount of the check. B) bank reserves increase by the amount of required reserves. C) bank assets increase by the amount of the check. D) cash items in the process of collection fall by the amount of the check.

Answer 1

Answer:

D) cash items in the process of collection fall by the amount of the check.

Explanation:

Cash Items in the process of collection are all the item which is due and are in collection process. When a fund for a deposited check is received it is transferred to the depositor's account and in process collection are reduced the balance of account holder is increased. So, the appropriate answer is D) cash items in the process of collection fall by the amount of the check.