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. Question 23 Not yet answered Marked out of 100 Flag question Calculate the net profit of the bank using the ledger balance provided below: Particulars OMR Particulars OMR Interest on deposits 55,000 Commission5,000 and exchange Interest and 105,000 Provision 2.000 discounts for Tax 500 Advertisement 1,200 Other expenses Audit fees 16,500 1,500 Rent received Interest on borrowings 2,000 Rebate on 1500 bills discounted Net Profit . Done OMR 62,200 OMR 54,800 OMR 52,800 None of these 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. Question 25 Not yet answered Marked out of 100 Flag question Calculate the net commission from the following information on Particulars OMR Particulars OMR Commission 50,000 Commission 46,000 paid direct business reinsurance Commission 24,000Claim on 25,000 insurance reinsurance accepted Net Commission on Done OMR 72,000 OMR 28,000 OMR 96,000 OMR 74,000