Question

What all items to be considered while calculating ratios in bank balancesheet?

Answer 1

On basis of Grouping law.

On liabilities side of balance Sheet:

capital

+Net profit

+Interst on Investment

-Net loss

-Drawings

Creditors

Bills payable

Bank overdraft

Outstanding Expenses

On Assets Side on Balance Sheet

Plant and Machinery

Furniture

Goodwill

Patent

Closing Stock

Debtor

Bill Receiveable

Prepaid Expenses

Cash in Hand

Cash at Bank

While preparing Balance Sheet Both side be equal on totalling.