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- MAIBANK BHDSINTOK, KEDAHBank Islah BhdDate: 03 05 2021Pay ...............................................Ringgit Malaysia Three thousand only1234 567890 7685493556564 .You have received the cheque above as a payment for selling a notebook toMr X. Can you deposit the cheque in CBM Bank Bhd since you have a bankaccount in CBM Bank Bhd ?. . What protection does Islah Bank Bhd have if Ramoo wanted to sue it for whathad happened?CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 100 01 TL Case 23000 100 02 Dollars Case 23000B) CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 102 02 X Bank DTH Hes 23000 100 01 TL Case 23000C) CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 100 02 Dollars Case 23000 100 01 TL Case 23000D) THE CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 100 03 Case of Euro 5000 100 01 TL Case 5000E) CODE AND NAME OF THE ACCOUNT WILL RECEIVE DEBT 100 02 Dollars Case 5000 100 01 TL Case 5000Made an internet transfer to NBS for R2150.R2000was in repayment of the loan and the balance was the interest on the loan.How do you record this in a CPJ for grd 8???
- 3. Based on the above promissory note. Using Banker's Rule. No use excel. a) Who is the maker of the note? b) Who is the payee of the note? c) Find the maturity value of the note. (RM14280) d) Find Y. (12/5/2014) e) Find the amount of interest charged by the payee. (RM280)3. Based on the above promissory note. Using Banker's Rule. No use excel. d) Find Y. (12/5/2014) e) Find the amount of interest charged by the payee. (RM280)E6.14 (LO 5) (Gift Card Sales and Redemptions) During December 2023, Soft Skin Ltd. sells $20,000 of gift cards to customers. From reliable past experience, management estimates that 8% of the gift cards sold will not be redeemed by customers. In January 2024, $2,000 of these cards is redeemed for merchandise with a cost of $1,500. In February 2024, a further $10,000 of these cards is redeemed for merchandise with a cost of $8,000. The company uses a perpetual inventory system and has a February 28 year end Instructions Prepare the journal entry needed for December 2023. Prepare the journal entry needed for the January 2024 redemptions. Round to the nearest dollar. Prepare the journal entry needed for the February 2024 redemptions. Round to the nearest dollar. What amount, if any, will appear on the SFP concerning gift cards at February 28, 2024? Note:- Do not provide handwritten…
- 1.10 N Minajo received an electronic funds transfer (EFT) of R4 500 from A Grand, a debtor, in full settlement of her account of R5 000. Both Minajo and Grand are not registered as VAT vendors. Which of the following is the correct option to record the receipt in the accounting records of N Minajo? A)Debit bank account (R5 000). credit debtors' control (R4 500), and credit settlement discount granted account (R500). B)Debit bank account (R4 500), credit debtors control (R5 000), and debit settlement discount received account (R500). C)Debit debtors' control (R5 000), credit bank account (R 4 500), and credit settlement discount received account (R500). D)Debit bank account (R4 500). credit debtors' control account (R5 000), and debit settlement discount granted account (R500).Mr Mhlaba does not have money to buy cash for the Kenwood.she decides to buy it on higher pechuse deal. The cash was.R7139.99 Special price.R6449 The higher purchase deal intails the ff 15% deposite 18.5% annual simple interest rate on the price less deposit 3years to pay Use the information above to answer the questions that follows 1.define the term.high purchase 2.calculate the discount amount that is given on the kenwood. 3.mr mhlaba paird R974.85 as a deposit on the ken wood.show how the deposit was calculated. 4.calculate the amount of payable after these years excluding the deposit that she already paid. 5.dertimene the number of months that will be after making a monthly payment.Kk128. The Recovery Rebate Credit is calculated using what form? Form 5405. Form 5695. Form 8962. On a worksheet
- MAIBANK BHDSINTOK, KEDAHBank Islah BhdDate: 03 05 2021Pay ...............................................Ringgit Malaysia Three thousand only1234 567890 7685493556564 .You have received the cheque above as a payment for selling a notebook toMr X. Can you deposit the cheque in CBM Bank Bhd since you have a bankaccount in CBM Bank Bhd only?EM6.11 Pay Credit Card Mookie the Beagle Concierge makes a payment on the VISA credit card on 01/31/2023 in the amount of $800. Required: To record the payment on the VISA credit card: From the Navigation Bar, select Expenses > select Expenses tab From the New transaction drop-down menu, select Pay down credit card For Which credit card did you pay?, select 2100 VISA Credit Card For How much did you pay?, enter 800.00 For Date of payment, enter 01/31/2023 For What did you use to make this payment?, select 1001 Checking Select Save and close What is the balance of the VISA Credit Card account after the credit card payment is recorded? Note: Answer this question in the table shown below. Round your answer to the nearest dollar amount.5. Mr. Salim has an overdraft limit of RO 40,000 with Bank Muscat. Today the debit balance in the account is RO 38,200/- and cheque for RO 5,800 is issued by Mr. Salim for payment to the third party.