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Question 5 Answer saved Marked out of 1.00 Flag question If Net Interest income is RO 6650, Rebate on bills discounted R
Posted: Tue Nov 16, 2021 9:31 am
by answerhappygod
- Question 5 Answer Saved Marked Out Of 1 00 Flag Question If Net Interest Income Is Ro 6650 Rebate On Bills Discounted R 1 (65.33 KiB) Viewed 102 times
Question 5 Answer saved Marked out of 1.00 Flag
question If Net Interest income is RO 6650, Rebate on bills discounted RO50, other income is RO200. Depreciation on assets was RO350, Salaries were RO 1000, Rer was RO 500, and Transfer fees paid were RO 500. Provision during the year were recorded as RO 500. The Net income for the bank will be; a. RO 2,500 b. RO 4,850 c. RO 4,650 d. RO 2,000 Clear my choice