The following ledger balances of Bank of Triplicane Ltd. as on 31 December 2010 are furnished to you. Prepare P & L A/c and balance sheet as per requirement of law.

(Rs. in ’000)

Reserve Fund

3,600

Bad Debts Written off

384

General Expenses

546

Current Accounts

60,735

Interest Paid

480

Deposit Accounts

20,760

P & L A/c b/fd

687

Bills Receivable for Customers

4,500

Discounts

732

Endorsements and Guarantees

1,725

Commission

135

Cash

675

Interest Earned

1,650

Balance with RBI

6,090

Endorsements and Guarantees

(Constituent Liabilities)

1,725

Balance with Foreign Correspondents

3,618

Bills for Collection

4,500

Borrowings from Banks

19,446

Cash Credit and Overdrafts

46,371

Bills Discounted

18,684

Premises

6,651

Share Capital

6,000

The following information is furnished:

  1. Rebate on bills discounted to provide Rs.1,92,000

The bank has paid an interim dividend of Rs.6,00,000 during the year.