Question: 4 points Save Answer Use the following information to answer questions (1-2) On 1/5/2017 Arab bank/main branch received abill (promissory) from Aqaba company of JD

4 points Save Answer Use the following information to answer questions (1-2) On 1/5/2017 Arab bank/main branch received abill (promissory) from Aqaba company of JD 40000 for discount. On 2/5/2017 Arab bank discounted that bill at 9% interest rate, 4% commission on discount, and .003 stamps. the bank crediting "Aqaba company credit current account" by the net value of the bill the bill(promissory) maturity date on 1/10/2017. 1. The credit side in the journal entry prepared on 1/5/2017 contains the following account: A. 40000 Bills for discount B. 40000 Endorsers bills for discount C. 1600 Discount commission D. 40000 Bills discounted

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