Prepare Profit and Loss account for the year ended 31st March, 2011 and Balance Sheet of the Bank as at that date. 

Profit an Loss Account on 1.4.2016 (e) AIssued Capital (Equity shares of? 100 each)S UWing Trial balance of Citizen Bank Ltd. as on 31st March, 2017: 515 Interest paid on Deposits and borrowings S Loss on sale of Investment (Dr. (Cr.) 1,50,000 SIG Provident fund Contribution SIG Director's Fees SIL Stationery, Printing and Advertisement s16Auditor's fees General Expenses Commission, Exchange and brokerage 14 Profit on sale of Gold 48,500 12,600 9.200 5,500 5,600 1,200 2,700 49,400 35,900 Loan from other Banks S 2,20,000 20,000 Term Loan $9 80,000 Statutory Reserve ) Rebate on Bls Discounted (1.4.2016)) 20,000 3,80,000 Demand, loans and cash credits 9 60,000 Bank Premises SID (NON) Kerala Govt, Bonds 58 80,000 4,20,000 5,85.000 15,000 Government of India Securities $8 Current Accounts $5 25,000 Income from Investments 70,000 Money at call and short notice 5t