Question: Question 3: (1 marks) Foreign Sales Contract No. EX/249/2015 was signed on 15 September 2015 with the following information: Buyer: THANH CONG IMPORT EXPORT

Question 3: (1 marks) Foreign Sales Contract No. EX/249/2015 was signed on

Question 3: (1 marks) Foreign Sales Contract No. EX/249/2015 was signed on 15 September 2015 with the following information: Buyer: THANH CONG IMPORT EXPORT COMPANY Address: 120 Nguyen Cong Tru Street, Ward Ben Thanh. District 1, HCM City Account No. 2094579 Sacombank HCM City Branch, Vietnam Seller: General Electric USA Address: 452 Orlean Street, San Francisco, USA Value of Contract: USD157,264.30 Payment term: 60 days after B/L date On 25 September 2015, Sacombank issued L/C No. 24656 EX/2015 Shipment date (by Thanh Cong Company): 15 October 2015 Issue A Bill of Exchange?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!