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i want now Calculate the net profit of the bank using the ledger balance provided below: Particulars OMR Particulars OMR Interest on deposits 55,000 Commission

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Calculate the net profit of the bank using the ledger balance provided below: Particulars OMR Particulars OMR Interest on deposits 55,000 Commission and exchange 5,000 Interest and discounts 105,000 Provision for Tax 2,000 Advertisement 1,200 Other expenses 500 Audit fees 1,500 Rent received 6,500 interest on borrowings 2,000 Rebate on bills discounted 1,500 Net Profit OMR 62,200 OMR 52,800 None of these OMR 54,800 e

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