From the following information, find out the amount of provision to be shown in the P & L A/c of a Commercial Bank:
|
Assets: |
|
|
Standard |
32,000 |
|
Substandard |
24,000 |
|
Doubtful: |
|
|
For 1 Year |
4,000 |
|
For 3 Years |
6,400 |
|
For More Than 3 Years |
1,600 |
|
Loss Assets |
4,800 |