Accounting entry of institutions who lends federal funds to other institutions is as

Accounting entry of institutions who lends federal funds to other institutions is as Correct Answer assets on balance sheet

Accounting entry of institutions who lends federal funds to other institutions is as assets on balance sheet. Federal funds are overnight borrowings between banks and other entities to maintain their bank reserves at the Federal Reserve. Banks keep reserves at Federal Reserve Banks to meet their reserve requirements and to clear financial transactions.

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Accounting entry of institutions who borrows federal funds is as
Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called.
Markets which bring closer institutions needing funds and with surplus funds are classified as
Interest rate at which federal funds are borrowed and can be lent is classified as