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Assume that you are an accountant in a AXC Bank. On 314 March, 2020, the following balance stood in the books of AXC bank. From
Assume that you are an accountant in a AXC Bank. On 314 March, 2020, the following balance stood in the books of AXC bank. From the given data below prepare balance sheet statement. OMR OMR 90,000 8,000 1,500 Particulars Share capital Reserve fund Investments Cash with other banks Cash with central bank Fixed deposit account Savings deposit account Land and building Loans, over draft and cash credit Bills discounted 10,000 14,000 55,000 23,000 65,000 62,000 85,000 Particulars Investments available for sale Provision for tax Taxation Retained earnings General reserve proposed dividend financial derivative positive 2,000 6,500 30,000 5,000 12,000 75,000
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