XVT : 1 case study -class activity Class Activity BA 390 1. From the following Trial Balance of Amro Bank for the year ending 314 December, 2015 prepare the following: Statement of profit and loss, Statement of changes in equity, Statement of financial position Debit (000) Credit S (000) 6000 3000 600) 3000 300 1875 1125 2250 750 6000 1050 S1 ordinary shares(fully paid) Long term borrowings Deposits from Bank Deposits from customers Short term borrowings Short term deposits from banks Short term deposit from customers Retained earnings Goodwill Property, plant and equipment Accumulated depreciation Property, plant and equipment Long term loans and advances to banks Long term loans and advances to customers Investment securities Short term loans and advances to banks Short term loans and advances to customers Interest Income Interest expense Fee and commission income Fee and commission expense Net trading income Trading assets (1/1/2015) Purchases Net impairment on financial assets Administrative expenses Finance costs Income tax expenses Cash and cash equivalents 3000 5250 1800 1650 1125 3900 1800 900 375 180 300 300 120 180 150 180 1200 24180 24180 Additional information: 1. Trading assets (31/12/2015)-270 XVT : 1 O case study-class activity 2. Interest expense outstanding-180 3. Fee and commission income accrued-175 4. Dividend payable - 675 5. Depreciation of property, plant and equipment-360 6. Income tax paid in advance-30 1-Statement of profit and loss Revenus Total of revenue Less cost of sales Gross profit Profit before tax profit for the year Statement of changes in equity -2 Retained earning Shares Total XVT : 1 0 case study -class activity Closing of retained of earning Statement of financial position-3 XV : 1 O case study -class activity Assets Non-current assets Total of non- current assets Current assets Total of current assets The total of assets Equity and liabilities Equity Total of equity Non-current liabilities Total of Non-current liabilities current liabilities Total of current liabilities Total of Equity and liabilities