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15) When depositing a bill of exchange of $33,000 for collection, with a commission of $20, and 0.003 stamps, the current account is deducted from
15) When depositing a bill of exchange of $33,000 for collection, with a commission of $20, and 0.003 stamps, the current account is deducted from it.
Select one: a. 63 dollars b. $119 c. 20 dollars d. 183 dollars
16 ) Credit current accounts represent a liability for the bank
Select one: True False
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