From the following balances of Punjab National Bank Ltd as on 31st March, 2016, prepare its Balance
Question:
From the following balances of Punjab National Bank Ltd as on 31st March, 2016, prepare its Balance Sheet in the prescribed form:Adjustment:
(a) Rebate on bills discounted ₹ 10,000.
(b) Provide ₹ 80,000 for d oubtful debts.
(c) Bank's acceptances on behalf of customers were ₹ 6,50,000.
Transcribed Image Text:
Paid-up share capital (100 each fully paid) Bills Discounted Reserve Fund Cash credits Overdrafts 20,00,000 Stamps and Stationery 18,00,000 Cash in hand 7,70,000 Cash with Reserve Bank 20,00,000 Branch adjustment (Dr.) 8,00,000 Investments 10,000 5,00,000 13,00,000 1,70,000 9,50,000
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Related Book For
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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