the below questions: A. Discuss and explain, how can we understand the financial position of the Bank? Which financial statement can we use? And how can this position change according to different accounts? B. Describe the procedures and steps regarding "The adjustments after preparation of the Trial Balance, Taking into account special reference with Rebate account as an example? 2.On 1st Feb 2016 a bill of OMR 5,000,000 is discounted with a bank @ 13% per annum. The due date of the bill is 31th Dec 2016. Pass necessary journal entries in the books of the bank assuming that the bill is collected on the due date. Accounting year closes on 31st March every year. 3. From the following information relating to Bank Sohar, prepare Income Statement for the year ended 31 March 2020. Show the calculations separately. (PREPARED SHEDULES Particulars R.O Interest on overdraft 550,000 Establishment 70.000 Interest on bill discounted 300,000 Rent 25,000 Salaries 15,000 Interest on savings 80,000 Printing and stationery 5,900 Interest on fixed deposits 55,000 Commission 90,000 Interest on loan 45,000 Interest on Borrowing 42.000 Interest on cash credit 275,000 Administration's fees 7,000 Postage and telegram 2,500 Maintenance expenses 8,400 General Reserve 50,000 Loan 30,000 Additional information: 1. Provide OMR 50,000 for doubtful debts 2. Provide OMR 120,000 for taxation 3. Rebate on bills discounted on 31-03-20 OMR 60,000 4. Dividend proposed to pay OMR 30,000 5. Last year Profit OMR 100,000