XI. 52 42 XII. 41 Insurance Other Expenditure Total 20,96 16.97 Illustration 3 From the following information, prepare Profit and Loss A/c of KC Bank for the year ended 31st March, 2013 Items *000 Interest on cash credit 18,20 Interest on overdraft 7,50 Interest on term loans 15,40 Income on investments 8,40 Interest on balance with RBI 1,50 Commission on remittances and transfer 75 Commission on letters of credit 1,18 Commission on govemment business 82 Profit on sale of land and building 27 Loss on exchange transactions 52 Interest paid on deposit 27,20 Auditors' fees and allowances 1,20 Directors' fees and allowances 2,50 Advertisements 1,80 Salaries, allowances and bonus to employees 12,40 Payment to provident Fund 2,80 Printing and stationery 1,40 Repairs and maintenance 50 Postage, telegrams, telephones 80 Other Information: (0) Interest on NPA is as follows Eamed ('000) Collected ('000) Cash credit 8,20 40,00 Overdraft 450 1,00 Term Loans 750 2,50 (ii) Classification of Non Performing Advances (0007 Standard 30,00 Sub-standard 11.20 Doubtful assets not covered by security 2,00 Doubtful assets covered by security for one year 50 Loss Assets 2,00 (i) Investments 27,50 Bank should not keep more than 25% of its investment as theld-for-maturity investment. The market value of its rest 75% investment is 19,75,000 as on 31-3-2013