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The monthly debit interest is 25 dinars, and the balance appearing in the balance for debit interest at the end of the year is 200
The monthly debit interest is 25 dinars, and the balance appearing in the balance for debit interest at the end of the year is 200 dinars. This means:
Select one:
a. There are 100 dinars debit interest payable
b. There is an amount of 40 dinars in debit interest payable
c. There is an amount of 20 dinars, interest paid in advance
d. There is an amount of 220 dinars in debit interest payable
The banks error in registering an incoming check for 150 dinars instead of 1500 dinars is treated as follows:
Select one:
a. Adding an amount of 1650 dinars to the balance of the incoming bank statement
b. Deduction of 1350 dinars from the book balance of the bank
c. Add 1350 dinars to the balance of the incoming bank statement
d.
Deduction of 1650 dinars from the balance of the incoming bank statement
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