From the following balances, prepare P & L A/c of New Bank Ltd., in the revised format:
|
Interest Received |
16,26,780 |
|
Discount Received |
7,31,280 |
|
Commission Received |
1,32,720 |
|
Interest on Deposits |
4,81,560 |
|
General Expenses |
5,47,260 |
|
Bad Debts |
3,86,130 |
Note: Rebate on bills discounted: Rs.1,93,140