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Banking Regulation Act, 1949 FORM B :- FORM OF PROFIT AND LOSS ACCOUNT Profit and loss account for the year ended Expenditure Income Rs. P. Rs. P. Rs. P. Rs. P. 1. Interest on deposits, borrowings, etc 1. Interest and discount 2. Salaries and allowances and provident fund 3. Director’s and local committee member’s fees and allowances 4. Rent, taxes, insurance, lighting, etc 5. Law charges 6. Postage, telegrams and telephone charges 7. Auditor’s fees 8. Depreciation on and repairs to property 9. Stationery, printing and advertisement, etc 10. Loss from sale of or dealing with no banking assets 11. Other expenditure 12. Balance of profit Total ___________ ___________ 2. Commission, exchange and brokerage 3. Subsidies and donations 4. Income from non-banking assets and profit from sale of or dealing with such assets 5. Other receipts 6. Loss (if any) Total ___________ ____________ General instructions : The corresponding figures (to the nearest rupees, if so desired) for the year immediately preceding the year to which the profit and loss account relates should be shown in separate columns.    |
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