Incorporate the following data into Bank X's revenue statement. Each item should be labelled and placed in the proper category and order. Commission ,exchange and brokerage received. Income on Investments Interest paid on deposits Payments to and provisions for employees Interest paid on BBI/ interbank borrowings Interest/discount received on advances/bills Income from leasing/hire purchase Interest paid-others Profit on exchange transactions Rent, taxes, lighting Insurance Law charges Profit on sale of land, buildings and other assets Miscellaneous income Auditor’s fees and expenses Printing and stationary Profit on sale of investments Depreciation on bank’s property Income by way of dividends and subsidiaries Advertisement and Publicity Interest earned – others Director’s fees, allowances and expenses Miscellaneous income Repairs and maintenance Other expenses Postage, telegram, telephone and other communication expenses Interest received on balances with RBI and interbank funds
Incorporate the following data into Bank X's revenue statement. Each item should be labelled and placed in the proper category and order.
Commission ,exchange and brokerage received.
Income on Investments
Interest paid on deposits
Payments to and provisions for employees
Interest paid on BBI/ interbank borrowings
Interest/discount received on advances/bills
Income from leasing/hire purchase
Interest paid-others
Profit on exchange transactions
Rent, taxes, lighting
Insurance
Law charges
Profit on sale of land, buildings and other assets
Miscellaneous income
Auditor’s fees and expenses
Printing and stationary
Profit on sale of investments
Depreciation on bank’s property
Income by way of dividends and subsidiaries
Advertisement and Publicity
Interest earned – others
Director’s fees, allowances and expenses
Miscellaneous income
Repairs and maintenance
Other expenses
Postage, telegram, telephone and other communication expenses
Interest received on balances with RBI and interbank funds.
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