... 1,000,000 Bank B 90,000 81 0,000 900,000 Bank C 81 ,000 729,000 81 0,000 Bank D 72,900 656,000 729,000 Bank E 65,600 590,000 656,000 Bank F 59,000 531,000 590,000 Bank G 53,100 4 78, 000 531,000 Bank H 47 ,80 0 ... by the otherbanks, as shown in Table IV-2. If all of the banks expandcredit simultaneously, Bank A’s journal entries would appearas follows:2 68 Money, Bank Credit, and Economic Cycles All human ... detail the2 38 Money, Bank Credit, and Economic Cycles account books that deposits back the wealth bankers appro-priate upon expanding their credit. From an accounting (butnot a legal) standpoint,...