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The following trial balance was extracted from the books of Regent Islamic Bank Ltd as on December 31,2021 . Regent Islamic Bank Ltd. Trial Balance

image text in transcribed The following trial balance was extracted from the books of Regent Islamic Bank Ltd as on December 31,2021 . Regent Islamic Bank Ltd. Trial Balance (As on Additional Intormation: 1. Additional Provision for NPI TK 20000 2. Corporate Tax Rate 30% on profit before tax 3. Dividend declared but not paid TK 30000 Required: a. Prepare a Profit and Loss Account for the year ended December 31, 2021 and b. Prepare a Balance sheet as on December 31,2021

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