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4. (a) From the following information, prepare profit and loss account of ABC Bank Ltd. For Additional Information : (i) Provide Rs. 40,000 for bad

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4. (a) From the following information, prepare profit and loss account of ABC Bank Ltd. For Additional Information : (i) Provide Rs. 40,000 for bad debts and for tax 50,000 . (ii) Provide Rs. 20,000 for dividend and previous years profit was Rs. 1,50,000

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