On 1/1/2018 Bank of Jordan received Documents of Letter of credit No. 14/2018 by amount of $ 20000 attached with draft dun on 30/4/2018 the customer fimporter) Jerash company" signed the draft and the bank secured it, the bank commission 3%. Stamps.005 and postal for JD 15. The Letter of credit No. 14/2018 was opened on 9/9/2017 with 20 % cash collatoral. The corresponding bank in Bank of New York The exchange rate of the collar on 9/9/2017 was ( 740 750.760) and on 1/1/2018 wun (770.780.790). 1- The Contra Entry required to record the drafts in bank of Jordan records on 1/1/2018 : A. Dr Accepted secured drafts 15600 Cr Endorners of accepted necured drafts 15600 B Dr Accepted secured dratts 15800 C Endorsers of accepted secured drafts 15800 c. Dr bank obligation against UC 15800 Cr customer obligation against Os 15800 D. Dr Endorsers of accepted secured drafts 15800 Cr Accepted secured drafts 15600 2- The Debit side of journal Entry required to convert "V/Cs collateral" to "draft collateral" on 1/1/2018 is A. Cs collateral 3160 B. Cs collateral 3040 c. Accepted secured drafts collateral 3160 D. Accepted secured drafts collateral 3040 3- The Journal Entry required to record stamps on customer current account on 1/1/2018 contains: A. Dr. postal revenue 10 B. Cr. Stamps 87 C. Cr. stamps 78 D. Cr. Accepted secured commissions 575