Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

JUST NEED OPTION no need explain NO need for explanation i will rate you ......... q19) Question 18 Not yet answered Marked out of 1.00

JUST NEED OPTION

no need explain

NO need for explanation

i will rate you

image text in transcribed
.........
q19)
image text in transcribed
image text in transcribed
Question 18 Not yet answered Marked out of 1.00 P Flag question Khalid is working in a bank. He is confused with regard to ledgers and registers. From the below mentioned, identify the odd one. . Done Loan Demand draft Current account Cash credit Question 19 Not yet answered Marked out of 2.00 Flag question Mr. Ahmed accepted a bill of exchange for OMR 12,000 and the term of the bill being 6 months. He discounted the bill with the bank after 2 months. The bank charged 5% p.a. as bank discount. Calculate the Bank Discount Calculate the amount received by Mr. Ahmed from the bank after discounting the bill. Done OMR 200 None of these OMR 300 OMR 600 Question 19 Not yet answered Marked out of 2.00 Flag question Mr. Ahmed accepted a bill of exchange for OMR 12,000 and the term of the bill being 6 months. He discounted the bill with the bank after 2 months. The bank charged 5% p.a. as bank discount. Calculate the Bank Discount Calculate the amount received by Mr. Ahmed from the bank after discounting the bill Done OMR 11,400 None of these OMR 11,800 OMR 11,700

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing

Authors: Alan H. Millichamp

8th Edition

082645500X, 9780826455000

More Books

Students also viewed these Accounting questions