OMRStatutory reserve2263Share forfeiture361Share premium214Calls in advance333Balance from Profit and Loss Account 4261From the above information Total of Note: 2 will be:O a.OMR 7432O b. OMR 7423O c. OMR 6738O d. OMR 6387 OMRImpairment for investments900,000Impairment for loans100,000Income tax expense300,000Loss on exchange difference arising on transactions of foreign operations 200,000Provision for bad debts12,000From the above information Total Non-Interest income will be:O a. OMR 1,012,000O b. OMR 1,313,000Oc. OMR 1,212,000O d. OMR 1,312,000

Statutory reserve comes under Reserve & Surplus as every banking company in India is required to…

OMR Statutory reserve 2263 Share forfeiture 361 Share premium 214 Calls in advance 333 Balance from Profit and Loss Account 4261 From the above information Total of Note: 2 will be: O a. OMR 7432 Ob. O b. OMR 7423 c. O c. OMR 6738 O d. OMR 6387

OMR Statutory reserve 2263 Share forfeiture 361 Share premium 214 Calls in advance 333 Balance from Profit and Loss Account 4261 From the above information Total of Note: 2 will be: O a. OMR 7432 Ob. O b. OMR 7423 c. O c. OMR 6738 O d. OMR 6387

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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