The answer is stock shares = $100,000, property assets = $90,000, cash = $60,000, and loans & advences = $50,000
Given,
stock shares = $100,000,
property assets = $90,000,
and cash = $10,000.
households and businesses decide to deposit $50,000 in the bank as checkable deposits.
The balance sheet is a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time.
It also details the balance of income and expenditure over the preceding period.
Therefore when households and businesses decide to deposit $50,000 in the bank as checkable deposits, it will be shown in balance sheet as:
Cash = Previous balance + checkable deposits
= 10,000 + 50,000
= $60,000
Loans & advances : checkable deposits = $50,000
Hence, the balance sheet will be stock shares = $100,000, property assets = $90,000, cash = $60,000, and loans & advences = $50,000.
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