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Clients of banks in some cases need an advance (loan). Hence, they submit securities to the bank as security for the advance (Loan). By doing

Clients of banks in some cases need an advance (loan). Hence, they submit securities to the bank as security for the advance (Loan). By doing that, the bank agreed to give these clients a percentage of the face value of the accepted securities. Provide an exercise for that and record all transactions you provided in the exercise in the books of bank.

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