Prepare the profit and loss A/c for the year ended on 31 December 2010 of Rajasekaran Bank Ltd., from the following particulars:

(Rs. in ’000)

Interest on Loans

3,000

Interest on Savings Accounts

1,800

Interest on Credit Cards

1,920

Interest on Fixed Deposits

2,280

Interest on Overdraft

600

Amount Charged Against Current Accounts

240

Rebate on Bills Discounted

228

Salaries and Allowances

1,440

Discount

480

Rent, Tax, Insurance, etc.

60

Dearness Allowance

420

Commission, Brokerage and Exchange

180

Managing Director’s Salary

180

Contribution to Provident Fund

120