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Lecture 4 - Bank & Financial Services Firms Financial Statements

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Print and read the Chapter 5 notes (see file below). The problem for this class and its solution is at the end of the Ch. 5 Notes. From a list of alphabetically arranged items you will have to construct a bank's balance sheet or income statement with all items in the correct order in a manner similar to the problem at the end of the Ch. 5 notes. For the exam numerous questions will be asked where the student will have to select from five items which item is first or last on the balance sheet or income statement. With the same set of answers four different questions could be asked. The exercise in the assigned problem should develop your knowledge for answering the test questions.

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