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Assume that you are an accountant in a AXC Bank. On 31 st March, 2020, the following balance stood in the books of AXC bank.

  1. Assume that you are an accountant in a AXC Bank. On 31st March, 2020, the following balance stood in the books of AXC bank. From the given data below prepare balance sheet statement.

Particulars

OMR

Particulars

OMR

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

90,000

10,000

14,000

55,000

23,000

65,000

62,000

85,000

75,000

Investments available for sale

Provision for tax

Taxation

Retained earnings

General reserve

proposed dividend

financial derivative positive

8,000

1,500

2,000

6,500

30,000

5,000

12,000

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