4.From the following Trial Balance of Bank Dhofar, prepare the Income statement and Balance Sheet of the bank as on 31st Dec.2016. (Prepared Schedules) Trial Balance as on 31 December 2016 Particulars RO Particulars Money at call and short notice 240 Current accounts Investments 1600 Share capital Interest expenses 300 Statutory reserve Cash at Central Bank 815 Other incomes Cash at other banks 520 Unclaimed dividends Rent, taxes 30 Savings deposit General expenses 50 Borrowed from other banks Auditor's fees 35 Bills payable Cash in hand 75 Fixed Deposit Premises 700 Interest and discount Non-Banking assets 525 Sundry creditors Payment to employees 40 Profit (2015) Bills discounted and purchased 350 Recurring deposits Loans, overdrafts 3600 RO 3800 250 150 120 10 2050 480 410 425 895 20 170 100 8880 8880 Notes: 1. Acceptances on behalf of customer RO 120 2. Bills for collection RO 75 3. Provide RO 30 for provision for doubtful debts 4. Allow 10% depreciation on Premises on original cost. 5. Rebate on bills discounted amounts to RO 10