X8-31 So the TREASURY CUT a CHECK for $500,000 and give it to the BANK. Now the BANK goes BACK and the ABC BANK goes ahead and they MAKE A DEPOSIT into the ABC ACCOUNT with the $500,000

 

X8-31

So the TREASURY CUT a CHECK for $500,000 and give it to the BANK. Now the BANK goes BACK and the ABC BANK goes ahead and they MAKE A DEPOSIT into the ABC ACCOUNT with the $500,000