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(c) Mr. Maclus, your customer receives and makes payments in foreign currency. He has today given you his schedule of payments and you have, through

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(c) Mr. Maclus, your customer receives and makes payments in foreign currency. He has today given you his schedule of payments and you have, through SWIFT, received various transfers on his behalf as deta Youl Required: Determine the net amount credited/debited to Mr. Maclus's account. Include exchange commission of X\%. Maximum KSH 5,000/=. Give your answer in a five-column table, i.e./Currency/Forex rate/Amount/Commission/Net debit (credit)/ as appropriate aggregating the credits as the first (a) part of the table and the debits as the second (b) part of the solution. (10 Marks) (c) Mr. Maclus, your customer receives and makes payments in foreign currency. He has today given you his schedule of payments and you have, through SWIFT, received various transfers on his behalf as deta Youl Required: Determine the net amount credited/debited to Mr. Maclus's account. Include exchange commission of X\%. Maximum KSH 5,000/=. Give your answer in a five-column table, i.e./Currency/Forex rate/Amount/Commission/Net debit (credit)/ as appropriate aggregating the credits as the first (a) part of the table and the debits as the second (b) part of the solution. (10 Marks)

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