UNIT-V

11) GIVE A SPECIMEN SCHEDULES PREPARED IN BANK

BALANCE SHEET.
The third schedule
(section29)
FROM OF BALANCE SHEET
Balance sheet…… [ here enter name of the banking company]
Balance sheet as on 31st march (year)
Schedule As on 31.3.19… As on 31.3.19…
No. [current year] [previous year]
Capital &liabilities
Capital 1
Reserve & surplus 2
Deposits 3
Borrowings 4
Other liabilities & 5
provisions
Total
Assets
Cash and balance 6
with RBI
Balances with bank 7
and money at call
and short notice
Investment 8
Advances 9
Fixed assets 10
Other assets 11
Total
Contingent liabilities
Bills for collection 12
12) GIVE SOME IMPORTANT REEGISTERS TO BE MAINTAIN
IN A BANKING:
The following books are maintain
1) Rough cash book
2) A fair cash book
3) Cash balance book
4) Day book.
In addition to the above books, the following ledger and registers are
opened.
1) Current account ledger
2) Savings bank ledger
3) Fixed deposit ledger
4) General ledger.
13) GIVE A FORMAT OF VALUATION BALANCE SHEET:
VALUATION OF BALANCE OF……. COMPANY Ltd. AS AT
31STDEC…….
Rs. Rs.
To net liability as per By life assurance fund ass
actuarial valuation per balance sheet [form A]
To surplus By deficiency
 14) GIVE A SPECIMEN FOR FIRE REVENUE ACCOUNT:
FORM F
Revenue account …..for the year ended 19…. In respect of business
Rs. Rs.
Claims under policies less Balance of accounting at the
reinsurance paid during the year (a) beginning of the year
(d). Total estimated liability in Reserve for unexpired risks.
respect of outstanding claims at the addition reserve if any
end of the year, whether due or Premium less reinsurance(d)
intimated. Interest dividends and rents
Total Less: Income tax thereon
Less: Outstanding at the end Commission on
previous year(b) Reinsurance ceded
Commission: Other incomes to be specified(c)
Commission on direct business Loss transferred to profit & loss
Commission on reinsurance Account
accepted Transferred from appropriation
Expenses of management account. Of the year
(c) Bad debts Additional reserve, if any
United kingdom, Indian dominion
and foreign taxes
Other expenditure ( to be specified )
Profit transferred to profit & loss
account
Balance of account at the end of
year as shown in the balance sheet
Reserve for unexpired risks
Being….. percent or premium
income of the year
Additional reserve, if any
Total Total