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The following transactions incurred in Arab bank main branch: In 1/4/2006 transfer JD 5000 to Aqaba in request of its customer (Moon Corporation) to beneficiary

The following transactions incurred in Arab bank main branch:

  1. In 1/4/2006 transfer JD 5000 to Aqaba in request of its customer (Moon Corporation) to beneficiary (Sun Corporation), 2% commission, JD 10 postal expense, Paid in cash.

  1. in 2/4/2006 The bank received $ 1500 transfer from Ohio bank to beneficiary (Amal Corporation)

$: buy = 0.710, $: Sell= 0.720, 2% commission.

  1. Issue $ 800 Bank's check on request of its customer Talal, $: Buy = 0.710, $: Sell = 0.720, 1% commission JD 3 Postal expenses, all paid in cash, to beneficiary Salem in American bank.

  1. Issues JD 2000 Bank's check on request of its customer Waleed to beneficiary Khaled in Housing Bank, JD 25 Commission, 5 JD Postal expense.

  1. The Bank purchased travelers checks by $ 2000 after deducting 2% a commission, these checks drawn on Dalas bank ($ Prices as in transaction 2).

  1. The Bank Sold Travelers checks by 500 dollars to its customer Mohammad draw on London bank all amounts recorded on customers account, 3% commission, JD 2 Postal expense, ($ price still the same in transaction 2).

Require: Record entries and show computation in tidy manner.

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