Money and credit - Ivanov V.М.

Control questions

1. Give a definition of money turnover.

2. Name the types of money turnover.

3. Forms of non-cash payments.

4. In what cases is the direct debiting of funds from the payer's current account?

5. Types of bills.

Tasks

1. Execution of documents for opening a current account with a bank.

The enterprise "R", code 15320402, asks the regional directorate of AKB CREDIT, the code MFO 311443, to open a current account with the appropriate number 26008546 (the bank's director Alexander Stepchenko, the chief accountant Savchuk Svetlana, the director of the company Nemich Yuriy Vladimirovich, the chief accountant Svetlennikov Anna Kharitonovna).

The task:

• issue an application for opening an account on the corresponding form;

• fill in a card with samples of signatures and a seal;

• indicate, by what normative acts the opening of accounts of an enterprise in a bank in the national currency is regulated;

• Name the types of accounts in national currency for enterprises.

2. Enterprise "R" transferred from the current account JV "B", code 23089321, serviced to JSCB "FINANCE", code MFO 417720, current account No. 260045689, prepayment for timber according to account No. 48 of 25.09.20 .. year on the sum 123456 UAH, the date of receipt is 10.10.20 .. of the year.

The task:

• complete the payment order No. 32 of 27.09.20 .. year.

3. Using the conditions of task 2, make a calculation using an irrevocable letter of credit, which is issued on September 27, 20, .. for a period of 15 days.

The task:

• Fill out the application for a letter of credit;

• formulate the condition of payment under the letter of credit;

• Define the closing date of the letter of credit.