Banking: set 2

A bank granted the company a short-term loan, and the loan amount was transferred directly to a letter of credit opened in favor of a supplier. What journal entry is made?

The part of a long-term bank loan transferred to the current portion (6950) was repaid from the settlement account. What journal entry is made?

A company transferred soum funds from its settlement account to the bank to purchase foreign currency. According to the examples in NAS No. 21, what journal entry is made?

Money had been deposited in a checkbook from a short-term loan. The bank returned the amount of unused checks to repay the short-term loan. What journal entry is made?

A client placed a term deposit of 50 000 000 soums with a bank: 24% per year, with interest added to the deposit at the end of each month (monthly rate 24% / 12 = 2%). How much will be in the deposit after 2 months?

According to the bank statement, account 5110 "Settlement account" had an opening balance of 15 000 000 soums at the start of the month, debit turnover during the month of 40 000 000 soums and credit turnover of 32 000 000 soums. What is the closing balance at month-end?

A transport service for delivering products to a customer (a selling expense) was paid with a check from the company's checkbook. What journal entry is made?

A company received a checkbook from the bank, and money was deposited from the settlement account to the checkbook. Under NAS No. 21, what journal entry is made?

An entrepreneur took a bank loan of 12 000 000 soum: 12 months, 24% per year, the principal is repaid monthly in equal installments (1 000 000 soum each), and interest is charged monthly on the remaining debt at 2% per month (24% / 12) (differentiated payment). What is the payment in the second month?

A liability was accrued for the bank's monthly service fee for servicing the company's settlement account. Under the table in paragraph 412 of NAS No. 21, what journal entry is made?