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29) On 1/4/2019, the customer Khaled deposited a bill of exchange in the Housing Bank in the amount of 2500 to be discounted at a
29) On 1/4/2019, the customer Khaled deposited a bill of exchange in the Housing Bank in the amount of 2500 to be discounted at a discount rate of 5% and it is due on 1/9/2019 and the debtor is Mahmoud. In the bank, the crediting party in the entry recorded when it was collected on 1/9/2019 will be
Select one: a. Current Accounts - Customer Khaled b. cash c. Discounted Promissory Notes d. Mahmoud current accounts
30) L/C stands for Credits
Select one: True False
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