"On Jan, 22 Arab bank/ main branch purchased bank's checks drawn on Florida bank in USA at amount of $ 12000 and paid the check value in Jordanian dinar in cash to beneficiary Salem after deducting 2% as a commission, the exchange rate for each 15

Accounting Aug 07, 2020

"On Jan, 22 Arab bank/ main branch purchased bank's checks drawn on Florida bank in USA at amount of $ 12000 and paid the check value in Jordanian dinar in cash to beneficiary Salem after deducting 2% as a commission, the exchange rate for each 15.700.720 740) The amount paid to the beneficiary Salem is." 8400 87024 0232 8568

Expert Solution

Correct option is B : 8702.4

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