GIVE SHORT ANSWER
The Statement of Financial Position and the Statement of Profit and Loss of ABC Bank include the following main items (thousand UAH):
Of 31 December 2021
Customer accounts– 4500; Share capital – 1700; Other components of equity – 200;
Due to NBU – 1200; Due to banks – 800; Mandatory reserves – 600; Due from banks – 1300; Loans to customers – 1000; Investment securities– 5000; Assets held for sale – 2000; Other fin. liabilities – 1500
For the year ended 2021
Interest expense – 800; Interest income – 2400; Fee and commission income – 1500; Fee and commission expense – 900; Foreign exchange transaction losses – 700; Foreign exchange transaction gains – 300;
Administrative and other operate expenses – 260; Income tax – 100;
The task:
Set up a T-account balance sheet for the bank, with assets, liabilities and equity.
Which liabilities item is the largest and what is its share (in %) in the structure of (Liabilities + Equity)? Define and explain this type of Liabilities
Calculate net profit for the year
GIVE SHORT ANSWER The Statement of Financial Position and the Statement of Profit and Loss of ABC Bank include the foll
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