Accountancy, asked by vinoshkafernandes27, 1 month ago

From the following information, prepare a Balance Sheet of Union Bank Ltd. As on 31st March 2020 giving the relevant schedules.

Share Capital (19,80,000 Shares of Rs.10 each) 1,98,00,000 (Cr bal)

Statutory Reserve 2,68,50,000(Cr bal)

Profit & Loss Account 5,24,50,000(Cr)

Fixed Deposit Account 5,17,00,000(Cr)

Saving Deposit Account 4,50,00,000(Cr)

Current Accounts 28,00,000(Dr) 5,20,12,000(Cr)

Bills Payable 10,000(Cr)

Cash Credits 8,12,10,000(Dr)

Borrowings from other Banks 1,10,00,000(Cr)

Cash on Hand 1,60,15,000(Dr)

Cash with RBI 44,61,000(Dr)

Cash with other Banks 1,49,14,000(Dr)

Money at call 2,10,12,000(Dr)

Gold 55,23,000(Dr)

Government Securities 1,10,17,000(Dr)

Premises 1,55,70,000(Dr)

Furniture 70,12,000(Dr)

Term Loan 7,92,88,000(Dr)

TOTAL 25,88,22,000(Dr) TOTAL 25,88,22,000 (Cr)

Additional information:

1. Bills for Collection Rs. 18,10,000/-
2. Acceptances and Endorsement Rs. 14,12,000/-
3. Claims against the bank not acknowledged as debt Rs. 55,000/-
4. Depreciation Charge- Premises Rs. 1,10,000/-
Furniture Rs 78,000/-
5. 50% of the Term Loan are secured by Government Guarantees. 10% of the cash credit is unsecured.​

Answers

Answered by devanshiahlawat789
0

Answer:

glat stream le li h aapne

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