📜🤡 🐀🚽 LBHI's Journal Entries: 1) CTs' subordinated debentures Assets: Debit $1.763 Billion 2) CTs' subordinated debentures payable liabilities: Credit $1.763 Billion 3) Distribute Balance Sheets 10/5/2023 4) After BNYM CTs' cash distribution, update journal entries: 5)CTs' subordinated debentures Assets: Debit $1.763 Billion Add Credit $1.763 Billion 6) CTs' subordinated debentures payable liabilities: Credit $1.763 Billion Add Debit $1.763 Billion