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 |