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If you have worked through lessons 7 or 9, you will know what the accounts of financial service providers look like. For example, you will know what the main items in the balance sheet of a bank or microfinance institution are likely to be. A balance sheet describes where the institution has got its money from and what it has done with it.

Check that you have remembered correctly by writing the items you expect to see in the balance sheet of a typical financial service business in the spaces below:

Balance Sheet

Liabilities (Sources) Assets (Uses)