om the balance of Arwa Bank calculate the total amount to be shown in the balance sheet under the following hea articulars OMR Particulars OMR rm loan 10,000 Bills payable 20,000 undry creditors 25.000 Cash credit 15,000
om the balance of Arwa Bank calculate the total amount to be shown in the balance sheet under the following hea articulars OMR Particulars OMR rm loan 10,000 Bills payable 20,000 undry creditors 25.000 Cash credit 15,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Q25
![From the balance of Arwa Bank calculate the total amount to be shown in the balance sheet under the following heads:
Particulars
OMR
Particulars
OMR
Term loan
10,000
Bills payable
20,000
Sundry creditors
25,000
Cash credit
15,000
Bank overdraft
13,000
Non-banking asset
6,000
Rebate on bills discounted
25,000
Unclaimed dividend
5.000
Prepaid expenses
7,000
Tax paid in advance
2,000
Provisions and contingencies 55.000
Accrued income
1,000
Loans & Advances](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9c5efc20-3997-49b4-bb69-e595936bba4c%2Ff2936ce8-302b-4e9f-a909-67dac545a894%2Fewfdrdt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:From the balance of Arwa Bank calculate the total amount to be shown in the balance sheet under the following heads:
Particulars
OMR
Particulars
OMR
Term loan
10,000
Bills payable
20,000
Sundry creditors
25,000
Cash credit
15,000
Bank overdraft
13,000
Non-banking asset
6,000
Rebate on bills discounted
25,000
Unclaimed dividend
5.000
Prepaid expenses
7,000
Tax paid in advance
2,000
Provisions and contingencies 55.000
Accrued income
1,000
Loans & Advances
![Loans & Advances
Other liabilities and provisions
Other Assets](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9c5efc20-3997-49b4-bb69-e595936bba4c%2Ff2936ce8-302b-4e9f-a909-67dac545a894%2Fqpusiq5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Loans & Advances
Other liabilities and provisions
Other Assets
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