From the following balances of Saraswati Bank Ltd. as on 31 December 2010, prepare the balance sheet in the prescribed form:

(Rs. in ’000)

Paid-up Share Capital

(of 10 Each Fully Paid)

1,000

Bills Discounted

900

Reserve Fund

385

Cash Credits

1,000

Overdrafts

400

Unclaimed Dividends

5

Loans

2,300

Current Deposits

1900

Furniture

20

P & L A/c (Cr.)

110

Cash in Hand

5

Cash with Reserve Bank

650

Branch Adjustments (Dr.)

85

Investments

475

Loans (Cr.)

600

Recurring Deposits

500

Fixed Deposits

1,000

Cash Certificates

500

Contingency Reserve

85

Adjustments:

  1. Rebate on bills discounted: Rs.5,000.
  2. Provide Rs.40,000 for doubtful debts
  3. Banks acceptances on behalf of customers: Rws.3,25,000.