the question are marked with 1 2 3 and 4

On 1/1/2019 Housing Bank received Documents of Letter of credit No. 14/2019 by amount of S 40000 attached with draft due on 4/4/2019. The customer (importer) "Hebron company" signed the draft and the bank secured it, the bank commission 3%, Stamps .005, and postal fee is JD 15. The Letter of credit No 14/2019 was opened on 9.9/2018 with 20 % cash collateral. The correspondent bank is Bank of New York. USS exchange rate on 9.9 2018 was JD (740 750 760 ) USS exchange rate on 1/1/2019 was JD (770 780 790) USS exchange rate on 44/2019 was JD (.800.810 820 ) On Housing Bank records answer the following questions: A. 1- The Contra account entry required to record the drafts on 1/1/2019 is: Dr Accepted secured drafts 31200 Cr Endorsers of accepted secured drafts 31200 . Dr Accepted secured drafts 30000 Cr Endorsers of accepted secured drafts 30000 C. Dr bank obligation against L Cs 30000 Cr customer obligation against L C 30000 D Dr Endorsers of accepted secured drafts 31200 Cr Accepted secured drafts 31200 IND 2- The Debit side of Journal Entry required to convert "L/Cs collateral " to "Draft collateral" on 1/1/2019 is: A LICs collateral 6320 B LICs collateral 6080 C. Accepted secured drafts collateral 6080 D. Accepted secured drafts collateral 6320 3- The Journal Entry required to record commissions, stamps, and postal on customer (Hebron company) current account on 1/1/2019 contains v A Dr. postal revenue 15 B. Cr. Stamps 150 C. Cr. stamps 156 D. Cr. Accepted secured commissions 900 Remaining Time: 47 minutes, 33 seconds. Question Completion Status: 4- the current account of (Hebron company) shall debited on 1/1/2019 by amount of (JD): A 1065 B. 1107 C. 1101 D. None of above 5. On the Draft maturity date 4/4/2019 Housing Bank paid the draft value to bank of New York Bank commissions 5%, Housing Bank shall debited "credit current account for the customer (Hebron company) by amount of (JD): A 28360 v B. 27552 C 26240 D 27856 Moving to another question will save this response