NH voucher (remitting bank) Pass ph check the contents of documents listedon the collection request received from the collection, are:a) It's correctb) False

Question 2: Case study (2.0 marks) L/C: T12345HBI dated 28th April, 2021 Amount: USD215,863.75 L/C at sight Advising Bank: OCBC Shanghai Beneficiary: Champland Steel Co., Ltd - HongKong Applicant: Phuc Anh Co., Ltd Issuing bank: ABC bank, Vietnam After examining the presented documents, ABC bank advised the applicant about the compliance of documents and then Phuc Anh Co. agreed to pay and receive the documents for taking delivery. ABC bank debited Phuc Anh's account and transferred money to the beneciary on Friday 11th June 2021. 2/3 In the morning of 12nd July, 2021, Phuc Anh completed the imported customs clearance and trucked the container to their warehouse, but when the container went through the scaling machine, the machine showed that the weight of the container was very light, not same as the nature of the ordered goods. Phuc Anh immediately advised the ABC bank to hold the payment, but it was impossible because the transferring order went out. According to ABC bank's recommendation, Phuc Anh asked SGS VN to survey the container while unpacking this container, and the survey report showed that the goods shipped in container were not ones ordered by Phuc Anh. a. Who bears the above risk? Why? (0.5 marks) b. Please suggest solutions to protect Applicant's benefit in future. (0.5 marks) c. Another shipment (2 containers) which is also paid by at sight L/C sent by Champland will arrive HaiPhong Port in 2 more days, ABC bank is about to examine the documents. In position of ABC bank, what would you do to protect the importer's benefit? (1.0 mark)

It is being filed in the closed voucher file, and an account summary is prepared and sent to the general ledger function.Select one:a.Vendor's packing slip and the purchase order.b.Voucher Packetc.Check registerd.Receiving report

Identify the item below that would be added to the book balance.Multiple choice question.Outstanding checksInterest earnedNSF checkBank service charge

What document is provided to a customer as proof of payment received?Group of answer choicesReceiptInvoiceStatement of AccountQuotation

Mr. Samantha has given letter of credit to Bank and to have reimbursement activity with the bank.Evaluate the rules for reimbursement for bank to – bank transaction.Examine the Noting and Protest.