the following are transaction that happened during January 2019 at the Investment Bank in KSA 1. SR 300,000 cash deposits 2. SR 250.000 Checks withdrawn upon other bank collected from them an amount of ER 180.000 with a collecting commission of SR 1,000. 3. SR 200.000 cash withdrawals 4. SR. 160.000 checks that are coming from other banks only 140,000 were paid to them 5 Transfer between accounts at the same back was 100.000, 8. Debit commission for the credit current account were 100. Requirements journ the ansaction post to the credit current accounts assumint that the balance on January 2013 Wr50.000 on 1/4/2020 the balance of the saving account was SR 300,000 on 13/4/2020 the saving deposits were SR 200.000 on 20/4/2020 the saving withdrawals were SR 100,000 the saving interest during April was calculated according to 2% annual interest rate. the interest was deposited into the current accounts for the customers Required: 1 calculate the debit interest on saving accounts during April using a-Day of deposit to day of withdrawal method b- Minimum Balance c. First In. First Out (FIFO) d. Last In First Out (LIFO) e-Average daily balance (ADB) Question 3 Q:1 Calculate the day monetary balance of Al-Rajhi bank from the following financial data: Monetary balances in the bank vault SR 16,000,000 Cash outflows 280.000 Monetary balances at other banks 760,000 Monetary balanced at SAMA 3.300.000 Cash-inflows the following are transaction that happened during January 2019 at the Investment Bank in KSA 1. SR 300,000 cash deposits 2. SR 250.000 Checks withdrawn upon other bank collected from them an amount of ER 180.000 with a collecting commission of SR 1,000. 3. SR 200.000 cash withdrawals 4. SR. 160.000 checks that are coming from other banks only 140,000 were paid to them 5 Transfer between accounts at the same back was 100.000, 8. Debit commission for the credit current account were 100. Requirements journ the ansaction post to the credit current accounts assumint that the balance on January 2013 Wr50.000 on 1/4/2020 the balance of the saving account was SR 300,000 on 13/4/2020 the saving deposits were SR 200.000 on 20/4/2020 the saving withdrawals were SR 100,000 the saving interest during April was calculated according to 2% annual interest rate. the interest was deposited into the current accounts for the customers Required: 1 calculate the debit interest on saving accounts during April using a-Day of deposit to day of withdrawal method b- Minimum Balance c. First In. First Out (FIFO) d. Last In First Out (LIFO) e-Average daily balance (ADB) Question 3 Q:1 Calculate the day monetary balance of Al-Rajhi bank from the following financial data: Monetary balances in the bank vault SR 16,000,000 Cash outflows 280.000 Monetary balances at other banks 760,000 Monetary balanced at SAMA 3.300.000 Cash-inflows