Question 17 Not yet answered The balance found in the revenue account of life insurance companies is considered a Marked out of 1.00 Life assurance fund Gross profit/loss Net profit/loss Surplus/deficit Flag question Question 10 Not yet Money at call and short notice is an of the banking compar answered Marked out of 1.00 Liability Asset Expense Income P Flag question Question 12 Not yet answered Joe discounted a bill of exchange face value OMR 6,000 with the bank, and bank charged a discount of OMR 300.What is the journal entry in the books of the banl Marked out of 1.00 None of these Dr Bills discounted 6,000 Cr Joe 5,700 Cr Interest and discount 300 Dr Interest and discount 300 C r Bills discounted 6,000 Dr Joe ,700 Dr Bills discounted 6,000 Cr Joe 5,700 Cr Interest and discount 300 Flag