Following is the Trial Balance of the Kuber Bank Ltd as on 31st March, 2016 : (

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Following is the Trial Balance of the Kuber Bank Ltd as on 31st March, 2016 : (₹ ’000 omitted)Following information should be considered:

(a) Provision for doubtful debts is required amounting to ₹ 5,000.

(b) Interest accrued on investments ₹ 8,000.

(d) Interim dividend declared was 4% actual.

(e) Endorsements on behalf of customers totalled ₹ 1,15,000.

(f) Authorised capital was 80,000 shares of ₹ 10 each. Prepare Profit and Loss Account and Balance Sheet.

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

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Question Posted: Aug 19, 2023 10:46 PM

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Following is the Trial Balance of the Kuber Bank Ltd as on 31st March, 2016 : (

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To prepare the Profit and Loss Account and Balance Sheet for Kuber Bank Ltd as of 31st March 2016 we ...View the full answer

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

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