Scribd Logo
Upload

Welcome to Scribd!

  • Inst No 3 Checking Acc

    Uploaded by

    Abd El Aziz
    6 views7 pages
    Financial Institutions

    Original Title

    Inst- No 3 Checking  Acc

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Financial Institutions

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    6 views7 pages

    Inst No 3 Checking Acc

    Uploaded by

    Abd El Aziz
    Financial Institutions

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 7
    A Lecture Exampie : (vIMP) j| The following are transacti ns by XYZ Bank's customer related to Dr. H Checking Ac ount : 1 The Customer Opened DR. Checking account on 1" Feb. 2020. j 2- The customer withdraw an amount of 1000 LE form his DR. Checking account Hon 6" of Feb, q qi 3- The customer withdraw an amount of 500 LE from his .DR. Checking account Hon 6" of March. 4- The customer repaid an amount equal to 300 LE on 13" of March to his DR. 4 Checking account... Require : Record the above transactions via Journal entries .. Rate 20%, Date Journal Entry (No Entry) @S no financial transaction 1 Feb DR. Checking Account-Customer.... 6% Feb cash DR. Checking Account-Customer.... Credit interest lee X 20% X 231286 = 19.7 13 DR. Checking Account-Customer.... 29% Feb Cash Cash 13" march DR. Checking. Account-Custom L DR. Checking Account-Customer.... — Credit interest «We bbit Weril fot march: ge TIS XX BY X S269 = BB * 1513 X L% X7136 = 5S ¥ 1213 X 2% X\B/3 Fngneil nitions. Scanned with CamScanner 2. Tis/15fer Pom accor |_| a pay requellfpe_tank. pate _ pelle Of at ails (nip. bh. Hero ion) 3: 3 Mefe Hie He Heide aud. be_a$_follawe___ Qian fer fen accoun %b.accoull in sale Hench. Qrengerhp FoM aera bunch. A steer tn wate’ Depcfy a eee Pai EET hr Berk teaccain te Hike — _ A Tegier Fol axe cinT tb axetherin same Beachy Tle. char reel fhe Lan Lonk 2. Hehe ameuil of phe et —- ee ae ghsaittag Lianch: Scanned with CamScanner [etle_sfoned nl Leak A tanto ampail of sux | fee. “Ais. © chet acai 76 ae voor | YE He Final Heche eoifor DW. Che Checflng AX ree ae vote Lato, oat [pence SSCS 2 —

    You might also like