Q: From the following particulars, prepare the Balance sheet of bank of community, for the year...
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Q: From the following particulars, prepare the Balance sheet of bank of community, for the year ended 18st November 2021? Solution: Total ITEMS Balance with banks and money at call and shorts notice Other liabilities and provision Advances Total Capital Deposits Borrowings AMOUNTS 200,000 650,000 40,000 70,000 550,000 Other assets Reserve and Surplus Investments Cash and balance with central bank 1 2 3 67 ITEMS Schedule No 8 9 Fixed assets 10 11 AMOUNTS 100,000 12,000 180,000 130,000 Amounts Q: From the following particulars, prepare the Balance sheet of bank of community, for the year ended 18st November 2021? Solution: Total ITEMS Balance with banks and money at call and shorts notice Other liabilities and provision Advances Total Capital Deposits Borrowings AMOUNTS 200,000 650,000 40,000 70,000 550,000 Other assets Reserve and Surplus Investments Cash and balance with central bank 1 2 3 67 ITEMS Schedule No 8 9 Fixed assets 10 11 AMOUNTS 100,000 12,000 180,000 130,000 Amounts
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Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
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