Use the following information. To SNEA On Bank of derden ve Documents of the off. 14/2016 by mouto 20000 het wat 2013 Desto mo Sarath company signed the dating the tank securit 006. do 2018 The lateral 1420 was opened on w205 can come the consonding to Bank of uw York The anger 201770 750 in 2013 770 750 750 1 e Contattiyured to identitetan record on 17/2018 A Dr Accepted secured or 1500 Caracted OrAcceed secured craft 15600 Broccord 1100 Draconist Gabon 15000 Activate Window 0 0 100 Accedit 2- The Debit side of journal Entry required to convert "L/Cs collateral" to "draft collateral on 1/1/2018 is A LICs collateral 3160 B. Cs collateral 3040 C. Accepted secured drafts collateral 3160 D. Accepted secured drafts collateral 3040 V 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. Crstamps 78 D. Cr. Accepted secured commissions 575 4- the current account of Jerash company shall debited on 1/1/2018 by amount of JDM A 1100 B 1150 C1200 D. none of above On 1/1/2018 Bank of Jordan received Documents of Letter of credit No. 14/2018 by amount of $ 20000 attached with draft due on 30/4/2018 the customer (importer) - Jerash company" signed the draft and the bank secured it the bank commission 3% Stamps .005, and postal fee JD 15 The Letter of credit No. 14/2018 was opened on 9/9/2017 with 20 % cash collateral. The corresponding bank is Bank of New York The exchange rate of the dollar on 9/9/2017 was ( 740 750 760 ) and on 1/1/2018 was (770_780 790) 1- The Contra Entry required to record the drafts in bank of Jordan records on 1/1/2018 is A Dr Accepted secured drafts 15600 Cr Endorsers of accepted secured drafts 15600 B Dr Accepted secured drafts 15800 Cr Endorsers of accepted secured drafts 15800 C Dr bank obligation against Cs 15800 Cr customer obligation against L/Cs 15800 D Dr Endorsers of accepted secured drafts 15600 Activate Windows Cr Accented secured drafts 15600 Use the following information. To SNEA On Bank of derden ve Documents of the off. 14/2016 by mouto 20000 het wat 2013 Desto mo Sarath company signed the dating the tank securit 006. do 2018 The lateral 1420 was opened on w205 can come the consonding to Bank of uw York The anger 201770 750 in 2013 770 750 750 1 e Contattiyured to identitetan record on 17/2018 A Dr Accepted secured or 1500 Caracted OrAcceed secured craft 15600 Broccord 1100 Draconist Gabon 15000 Activate Window 0 0 100 Accedit 2- The Debit side of journal Entry required to convert "L/Cs collateral" to "draft collateral on 1/1/2018 is A LICs collateral 3160 B. Cs collateral 3040 C. Accepted secured drafts collateral 3160 D. Accepted secured drafts collateral 3040 V 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. Crstamps 78 D. Cr. Accepted secured commissions 575 4- the current account of Jerash company shall debited on 1/1/2018 by amount of JDM A 1100 B 1150 C1200 D. none of above On 1/1/2018 Bank of Jordan received Documents of Letter of credit No. 14/2018 by amount of $ 20000 attached with draft due on 30/4/2018 the customer (importer) - Jerash company" signed the draft and the bank secured it the bank commission 3% Stamps .005, and postal fee JD 15 The Letter of credit No. 14/2018 was opened on 9/9/2017 with 20 % cash collateral. The corresponding bank is Bank of New York The exchange rate of the dollar on 9/9/2017 was ( 740 750 760 ) and on 1/1/2018 was (770_780 790) 1- The Contra Entry required to record the drafts in bank of Jordan records on 1/1/2018 is A Dr Accepted secured drafts 15600 Cr Endorsers of accepted secured drafts 15600 B Dr Accepted secured drafts 15800 Cr Endorsers of accepted secured drafts 15800 C Dr bank obligation against Cs 15800 Cr customer obligation against L/Cs 15800 D Dr Endorsers of accepted secured drafts 15600 Activate Windows Cr Accented secured drafts 15600
