Use the 2 balance sheets, which are the end result of all th…

Use the 2 balance sheets, which are the end result of all the transactions for the home buyer and Wells Fargo: Question: Suppose that an individual took out a $1,000,000 loan from Bank of America to purchase a home. Suppose that the home buyer receives a $4,000 deposit into their bank of America account from their employer’s bank. The accounting entries to facilitate this transfer is the following: