Accountancy, asked by KanakAgrawal24, 1 month ago

Prepare the P & L a/c of Growth Bank Ltd. For the year ended 31st March 2019 from the following

particulars:

Interest on loans
349000

Interest on fixed deposits 365000

Rebate on bills discounted 48000

Commission charged to customers
9100

Establishment charges
155000

Discount on bills discounted

194000

Interest on cash creditors

224000

Amount charged on current a/c

12000

Rent and taxes
18000
Interest on overdrafts
128000

Directors fees
2000

Auditors fees
2200

Interest saving a/c
69000

Postage and telegram
1500

Printing and stationery
3900

Sundry charges
1800

Provide Rs. 80000 for taxation​

Answers

Answered by anshagarwalcls7b
1

Answer:

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