Paul, a customer of a bank, writes a check for $50,000 to a customer of another bank. Which of the following changes will be reflected in Paul's bank's balance sheet?
A. Reserves decrease by $50,000.
B. Transactions deposits increase by $50,000.
C. Nontransactions deposits increase by $50,000.
D. Borrowings increase by $50,000.
Answer: A
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