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From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000.
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Balance Sheet of Punjab National Bank Limited as on March 2017

Liabilities
- Paid-up Capital: ₹20,00000
- Reserve Fund: ₹7,70,000
- Profit and Loss Accounts (Credit): ₹2,20,000
- Contingency Reserve: ₹1,70,000
- Unclaimed Dividends: ₹10,000
- Bank's Acceptances on Behalf of Customers: ₹6,50,000

Assets
- Bills Discounted: ₹18,00,000
- Cash Credits: ₹20,00,000
- Overdrafts: ₹8,00,000
- Loans: ₹46,00,000
- Investments: ₹9,50,000
- Branch in Adjustment (Debit): ₹1,70,000
- Furniture: ₹40,000
- Stamps and Stationery: ₹10,000
- Cash in Hand: ₹5,00,000
- Cash with Reserve Bank: ₹13,00,000
- Loans (Credit): ₹12,00,000
- Current Deposits: ₹38,00,000
- Recurring Deposits: ₹10,00,000
- Fixed Deposits: ₹20,00,000
- Cash Certificates: ₹10,00,000

Adjustments
- Rebate on Bill Discounted: ₹10,000
- Provision for Doubtful Debts: ₹80,000

This balance sheet shows the financial position of Punjab National Bank Limited as of March 2017, with a clear breakdown of its liabilities, assets, and adjustments made to the accounts.
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From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies?
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From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies?.
Solutions for From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies? defined & explained in the simplest way possible. Besides giving the explanation of From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies?, a detailed solution for From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies? has been provided alongside types of From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies? theory, EduRev gives you an ample number of questions to practice From the following balance of Punjab National Bank Limited as on March 2017 prepare its balance sheet in the in the prescribed form ₹paid up capital(shares of ₹100fully paid) 20,00000bill discounted 18,00,000 reserve fund 7, 70,000cash credits 20,00,000 overdrafts 8,00,000 Unclaimed dividends 10,000 Loans 46,00,000 current deposits 38,00,000furniture 40,000 profit and loss accounts (cr) 2,20,000 stamps and stationery 10,000cash in hand 5,00,000cash with Reserve Bank 13,00,000branch in adjustment(dr) 1,70,000 investments 9,50,000 Loans(cr) 12,00,000 recurring deposits 10,00,000 fixed deposites 20,00,000cash certificates 10,00,000 Contingency Reserve 1,70,000adjustments: (a) rebate on Bill discounted₹10000(b) provide₹80000for doubtful debts (c)bank's acceptances on behalf of customers where₹650000. Related: Accounts of Banking Companies? tests, examples and also practice B Com tests.
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