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Question 5 Not yet answered Marked out of 100 Flag question Calculate the source of funds from the information given in Vision Insurance company. Particulars OMR Particulars OMR Share capital 1.000 Life fund at 8,850 the year end Cash in hand 250 General 300 reserve 328 Sundry creditors 250 Loans on company policies 50 Borrowings 1,000 Agents balance 20 Provision for 1.000 Sundry Income tax debtors Furniture 950 Premium out 16 standing Source of funds Done OMR 12,416 OMR 12,400 OMR 11,150 OMR 11,400 Question 24 Not yet answered Marked out of 100 Flag question The rebate on bills discounted is shown on the Done Liabilities side of the balance sheet and deduced from interest and discount, Assets side of the balance sheet and deduced from interest and discount. Liabilities side of the balance sheet and added from interest and discount. Assets side of the balance sheet and added from interest and discount