The bank has a 10% reserve requirement. Record each transaction in the category it belongs in. Carry forward the information from the previous transaction. The categories you will use are those included below. Eli has $5,000 in cash and decides that he needs to open a checking account at Main Street Bank.
Assets Liabilities
Required Reserves - 500
Excess Reserves -
Loans - 4500 Checkable Deposits - 5000

ASSETS

Required Reserves $500

Excess Reserves $5,000

Loans $5,000

LIABILITIES

Checkable Deposits $4,500

Explanation:

Based on the information given in a situation where Eli has the amount of $5,000 in cash in which he decided that he will needs to open a checking account which means that the category to Record this transaction will be:

ASSETS

Required Reserves $500

(10% reserve requirement *$5,000 Cash)

Excess Reserves $5,000

Loans $5,000

LIABILITIES

Checkable Deposits $4,500

[$5,000-(10% reserve requirement *$5,000 Cash)]

($5,000-$500)

=$4,500

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

answer; blank(1); /rises; blank(2); //increases;