29 2288 30 30 M. Smith £118. paid the following by cheque: F. Hood Received cheques from: R. Pleat £158; L. Fish ₤370. Received a further loan from B. Barclay by cash £500. Received £614 cash from A. Tom.
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- Which of the following bills of exchange may be treated as promissory note by the holder? a. To BDO. Pay Php10,000 to bearer. Signed Mr. Lit. b. To C. Pay Php10,000 to the order of P. Signed A. c. To X. Pay Php10,000 to P or bearer. Signed X. d. To Drawee. Pay Php10,000 to P or order. Signed Drawer.37) Joe discounted a bill of exchange face value OMR 6,000 with the bank, and bank charged a discount of OMR 300.What is the journal entry in the books of the bank?J
- 5- In Turkey savings Deposit Insurance Fund(FDIC) insures each depositor at a commercial bank or participatory bank up to a loss of . . Per account Please select one; a) £50.000 b) £100.000 c) も150.000 d) £200.000 e) £250.000Repaid a debt of $120 owing to R. Hill. taking advantage of a 10% discount. The debt was paid by a cheque. Record this transaction in the cash bokkSunset West issues a $90617, 60-day, 9% note to Memorial Point in exchange for an overdue account payable. For MEMORIAL POINT: What is the amount that is debited to cash when Sunset West pays the note? Ans_________________
- 9. An invoice amounting to P20,000 dated Feb , had the following terms, 5/10, 3/20, n/30. Compute the different cash discount offered and the corresponding amount which had to be paid.A, Mr. B and Mr. C have the following accounts in the closed XY Bank: Account No. 1 in the name of Mr. A, P150,000, Account No. 2 in the name of “Mr. A in trust for Mr. B”, P350,000, Account No. 3 in the name of “Mr. A by Mr. C”, P200,000. How much is the insured and uninsured deposit of Mr. A, Mr. B and Mr. C with the PDIC? Explain.The checkbook balance is $8,850. The total fees or charges deducted by the bank is $8.15.The interest credit is $5.12. Determine the adjusted checkbook balance. a. $5000 b. $8,863.27 c. $8846.97 d. $8853.03
- B. Record the entry for acceptance of promissory note in exchange of accounts receivable from McCormick Industries. C. Record the entry for interest accrued on promissory note received from McCormick Industries. D. Record the entry for interest received , from McCormick Industries , on the note's maturity date. E. Record the entry for payment received from McCormick Industries the principal on the note's maturity date.plz solve!!!None