When a new depositor opens a 5000 cd at melvins bank its


When a new depositor opens a $5,000 CD at Melvin's Bank, its assets ________ and its liabilities ________.

a) increase by $5000; stay the same

b) increase by $5000; increase by $5000

c) increase by $5000; decrease by $5000

 

d) decrease by $5000; increase by $5000

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Financial Management: When a new depositor opens a 5000 cd at melvins bank its
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