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Answer the Question on the Basis of the Following Information

Question 37

Multiple Choice

Answer the question on the basis of the following information for the Moolah Bank.  Reserves $100 Checkable Deposits 1,000 Loans (to customers)  300 Property 400 Securities (owned)  300 Stock Shares 100\begin{array} { l r } \text { Reserves } & \$ 100 \\\text { Checkable Deposits } & 1,000 \\\text { Loans (to customers) } & 300 \\\text { Property } & 400 \\\text { Securities (owned) } & 300 \\\text { Stock Shares } & 100\end{array} Assume that the listed amounts constitute this bank's complete set of accounts.Moolah's:


A) assets are $1,000.
B) liabilities are $1,000.
C) net worth is zero.
D) profit is $1,000.

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