from/to CIBC BMO RBC TD CIBC $70.00 $150.00 $80.00 BMO $160.00 $60.00 $100.00 RBC $180.00 $55.00 $400.00 TD $130.00 $45.00 $350.00 a) How much does CIBC to the other banks? What is TD owed by the other banks? How much does RBC have to pay to the Clearing House? Clearing House - Balance Sheet as of July 21st 2017 Assets Liabilities $1000 Cash TD $1000 Cash RBC $1000 Cash BMO $1000 Deposit TD $1000 Deposit RBC $1000 Deposit BMO $1000 Deposit CIBC $1000 Cash CIBC b) The Balance Sheet above shows the Assets & Liabilities of the Clearing House on July 21st 2018. Use the T-Account below to show how the Balance Sheet of the Clearing House will look on July 22nd 2018.
