Situation 1
The customer wants to change some currency into dollars. The amount is equal $200 and the bank charges a commission of 2%.
Situation 2
The customer wants to change a traveler’s cheque for €100 in €10 notes.
Situation 3
The customer is expecting a money order of £500 from home. The cashier needs this customer’s name and some ID. Decide if the money order has arrived or not.
Situation 4
The customer wants to arrange monthly transfer of $200 to her/ his mother.
Situation 5
Customer wants to buy a car but does not have enough cash to do it.
Module 3 Accounting
Reading 1: Basics of Accounting