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1- Net interest Income. 2- Non-interest income. 3- Non-interest expenses. The following are the balances of NBO for the year ended 31/12/20 Particulars OMR Particulars
1- Net interest Income. 2- Non-interest income. 3- Non-interest expenses.
The following are the balances of NBO for the year ended 31/12/20 Particulars OMR Particulars OMR Interest on loans 518,000 Interest on current accounts 84,000 Interest on Fixed deposits 550,000 Rent& taxes 36,000 Commission received 16,000 Interest on overdrafts 308,000 Salaries and allowances 108,000 Director's fees 6,000 Discount on bills discounted 292,000 Auditor's fees 2,000 Rebate on bills discounted 98,000 Interest on savings bank 136,000 deposits Interest on cash credit 446,000 Postage and telegraph 3,000 Printing and stationery 6,000 Lockers rent 2,000 Transfer fees 1,000 Depreciation on bank property 10,000 Sundry Charges 4,000 Other Information: Provision for bad debts to be made OMR 80,000 Provision for income tax required at OMR 300,000 CalculateStep by Step Solution
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