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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
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
Transcribed Image Text:Loans & Advances Other liabilities and provisions Other Assets
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