2. [15\'] Please divide the following account items or entries of banks into two

Question

2. [15'] Please divide the following account items or entries of banks into two groups: balance sheet or income statement (1) bank premises and fixed assets (3) cash and due from depository institutions (5) common stock (7) total deposits (9) total noninterest expense (11) loans & leases (13) securities gains (15) premises and equipmert (2) undivided profits (4) net interest income (6) salaries and employee benefits (8) goodwill (10)pretax net operating income (12) other borrowed funds (14) surplus expense

Explanation / Answer

BALANCE SHEET

INCOME STATEMENT

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