From the following trial balance and the additional information, prepare a balance sheet of Kuber Bank Ltd. as on 31 March 2011:
Debit Balance: |
Rs.(in Lakhs) |
Cash Credits |
1,218.15 |
Cash in Hand |
240.23 |
Cash with RBI |
67.82 |
Cash with Other Banks |
132.81 |
Money at Call & Short Notice |
315.18 |
Gold |
82.84 |
Government Securities |
365.25 |
Current Accounts |
42.00 |
Premises |
133.55 |
Furniture |
95.18 |
Term Loans |
1189.32 |
Credit Balances:
Share Capital: |
|
(29,70,000 Equity Shares of Rs.10 |
|
Each Fully Paid up) |
297.00 |
Statutory Reserve |
346.50 |
Net Profit for the Year |
|
(Before Appropriations) |
225.00 |
P & L A/c (Opening Balance) |
618.00 |
Fixed Deposit Accounts |
775.50 |
Saving Deposit Accounts |
675.00 |
Current Accounts |
780.18 |
Bills Payable |
0.15 |
Borrowings from Other Banks |
165.00 |
Additional Information:
- Bills for collection: Rs.18,10,000
- Acceptances & endorsements: Rs.14,12,000
- Claims against the bank not acknowledged as debts: Rs.55,000.
- Depreciation charged on premises: Rs.1,10,000 and furniture: Rs.78,000.