A credit worth 300,000 Tunisian dinars was opened at the request of the United Company in favor of one of the exporters at Bank of Carthage with 40% insurance, a commission of 2% and postage of 50 dinars, and the exchange rate of the Tunisian dinar at that date was (0.46/0.47 |0.48). Then the insurances registered with the record are equal to:

A credit worth 300,000 Tunisian dinars was opened at the request of the United Company in favor of one of the exporters at Bank of Carthage with 40% insurance, a commission of 2% and postage of 50 dinars, and the exchange rate of the Tunisian dinar at that date was (0.46/0.47 |0.48). Then the insurances registered with the record are equal to:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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