Directors fees Audit fees Printing and Stationery Managers Salary Staff Salary Law Charges Rent and Taxes Depreciation on Furniture Depreciation on Building 90,000 20,000 80,000 4,00,000 10,00.000 30,000 1.70,000 1,00,000 6,00,000 Total 24.90,000 Illustration - III 3 The following is the Trial Balance of Lalu Bank Ltd. as on March 31st 2015 Particulars Rs. Particulars Rs Loans, cash credits Share Capital and Overdrafts 28,50,000 50,000 equity shares Premises 5,00,000 of Rs. 100 each fully Indian Government Securities 41,70,000 paid Salaries 2,80,000 Reserve Fund General Expenses 2.74,000 Current Deposit Rent, Rates and Taxes 23,000 Fixed Deposit Dir Fees 18,000 Savings Bank Deposit Stock of Stationery 85,000 Profit & Loss Alc Bill Purchased and Discounted 4,60,000 (1-4-2014) Shares 5,00,000 Interest and Discount Cash in hand and with Recurring Deposits Reserve Bank 19,30,000 Money at call and short notice 8,00,000 1,18,90,000 50,00,000 25,00,000 10,00,000 12,50,000 5,00,000 1,60.000 12,80,000 2,00,000 1,18,90,000 The following information should be considered : a) Provision for bad and doubtful debts is required, amounting to Rs. 50,000 b) Interest accrued on investments was Rs. 80,000 c) Unexpired discount amounts of Rs. 3,800 d) Endorsement made on behalf of customers totalled Rs. 11,50,000 e) Authorised capital was 80,000 equity shares of Rs. 100 each, f) Rs. 1,00,000 were added to the premises during the year. Depreciation at 5% on the opening balance is required, 9) Market Value of Indian Government Securities was Rs. 39,00,000 Prepare Profit and Loss Account for the year ended 31st March 2015 and Balance Sheet as on that date in the prescribed form