From the following information find out the amount of provisions to be shown in the Profit and
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From the following information find out the amount of provisions to be shown in the Profit and Loss Account of a Commercial Bank.
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Assets Standard Sub-standard Doubtful one year Doubtful three years Doubtful more than three years Loss on Assets . (in Lakhs) 4,000 2,000 900 400 300 500
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In a Profit and Loss Account of a Commercial Bank provisions are made for potential losses that migh...View the full answer
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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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