Revsion Final 2023-5

‫الغرفة االفريقيه‬ ‫ ابراهيم‬/‫محاسبه منشات للفرقة الرابعه تجاره انجليزي د‬
Chapter 8
Question:-
1. investment securities = total assets - miscellaneous assets - plant assets "net" - customer liability
on acceptance - net loan "net" - reserve fund sold - cash and due from banks – trading account
securities = 214000 - 19000 - 14500 - 3500 - 138000 - 13000 - 4500 – 1000 = 20500
 total assets = total liabilities + total equity capital = 190000 + 24000 = 214000
 Net Loan "net" = gross loans (-) allowance for loan losses (-) unearned discount on loan =
147000 - 6500 - 2500 = 138000
2. total deposit = total liability – Non Deposit Borrowing =190000 - 5000 = 181500
3. Total assets = total liabilities + total equity capital = 190000 + 24000 = 214000
4. depreciation = plant assets "gross" - plant assets "net" = 17000 - 14500 = 2500
5. net Loan "net" = gross loans (-) allowance for loan losses (-) unearned discount on loan = 147000 -
6500 - 2500 = 138000
6. un dividend profit " Retained earning " = total equity capital - reserves – surplus - common stock
- preferred stock = 24000 - 4000 - 5500 - 6000 - 1500 = 7000
1
Mohamed Abdelhamid, CMA 01096444824
‫الغرفة االفريقيه‬ ‫محاسبه منشات للفرقة الرابعه تجاره انجليزي د‪ /‬ابراهيم‬
‫‪Question:-‬‬
‫‪Answer‬‬
‫‪2‬‬
‫‪Mohamed Abdelhamid, CMA‬‬ ‫‪01096444824‬‬
‫‪3‬‬
‫‪Answer‬‬
‫‪4‬‬
Question:-
1. On a bank’s balance sheet , which of the following is not an assets ?
a) Cash on hand and bank balance b) reserves c) loans and advance D) investments
2. In a bank’s income statement, which of these can be found?
a)cash on hand and bank balance b) provision for loan losses c) deposit D) Borrowing
3. Net interest income is calculate as follows:-
a) Interest on loans and advances minus other income
b) Interest on loans and advance plus interest on investments minus interest on deposit
and borrowing
c) Average interest rate earned on loans and investments less average interest paid on
deposit and borrowing
d) Interest on loans and advances plus interest on investment minus other income minus
taxes
5
Question
a. - Net Loans = Gross Loans –ALL = $800 − $45 = $755 million
b. Gross Loans = $800 million – 3 = $797 million ALL =$45 million – 3 = $42 million
Net Loans = Gross Loans – ALL = $797 − $42 = $755 million
c. Gross loans and ALL would not change as the bank would recover all the money invested earlier.
6
Question:-
interest income : 240

Less : interest expenses 160
= Net interest income (interest margin) 80
Less : ((PLL)) 8
Non-interest income (other income) 116
Less : non-interest expenses 154
= Net non-interest income (loss) (38)
= pretax net operating income 34
+ : securities gains (losses) 2
Less : applicable Income taxes 10
= income before extraordinary items 26
+ Extraordinary gains - net of tax 4
= Net income 30
7
Question:-
Total assets = 1188+5334+2660+758+1633+500+29981 = 42054

Total liabilities = 2352+34233+1191+778 = 38554
Net worth / OE = 42054-38554=3500
Net operating income = 200
Net income = 240
Undivided profit = 200
8
A .interest income : 1400

Less : interest expenses 1000
= Net interest income 400
Less : provision for loan and lease losses (50)
B Non-interest income (other income) 750
Less : non-interest expenses 900
= Net non-interest income (loss) (150)
= pretax net operating income 200
+ : securities gains (losses) 100
Less : applicable Income taxes 60
= Net income 240
Dividend 40
= Un dividend Profits (RE) 200
total assets = 750+ 78 = 828 & net loan = 550 – 10 = 540 & undividend profits = 78 –
(10 + 38 + 6 ) = 24 & federal fund sold = 828 – (540 + 72 + 18+76+4+8+6+58 ) =46 &
depreciation = 68- 58 = 10 & total deposit = 750 – 40 = 710
9
‫‪34 B‬‬ ‫‪35 A‬‬ ‫‪36 B‬‬ ‫‪37 C‬‬
‫‪10‬‬
‫‪11‬‬
Question:- A bank has total interest income of $67 million and total noninterest income of $14 million.
This bank has total interest expenses of $35 million and total noninterest expenses (excluding PLL) of
$28 million. Its provision for loan losses is $6 million and its taxes are $5.
What is this bank's net interest income? 32
What is this bank's net noninterest income? - 20
What is this bank's net income? 7
QUESTION You know the following information about the Davis National Bank:
Given this information, what is the value of this firm's net interest income? 300
. Given this information, what is the value of this firm's net noninterest income? -150
Given this information, what is the value of this firm's pretax net operating income (or
net income before extraordinary items)? 150
. Given this information, what is the value of this firm's net income? 120
Given this information, what is the value of this firm's increase in undivided profits? 80
Given this information, what is the value of this firm's total revenues? 950
12
QUESTION You know the following information about the Taylor National Bank:
.
Given this information, what is the value of this firm's net interest income? 750
. Given this information, what is the value of this firm's net noninterest income? -350
. what is the value of net operating income or net income before extraordinary income? 400
. Given this information, what is the value of this firm's net income?210
what is the value of this firm's increase in undivided profits? 150
13
Chapter 5
Question:- Record the following transaction in CIB bank journal
a) Ahmed’s saving account increase by 75

b) Ahmed’s checking account decrease by 75
c) Ahmed’s saving account decrease by 75
d) Fees & commission is 150
the balance of bank credit
center is a)1000 b) 2000 C) 1500 D) zero
The credit checking

account of retal will be
a) Credited by 3000 b) debited by 3015 c) credited by 3015 D) debited by 3000
The amount of commission in Misr bank, as a result of overlapped operation will be
a)credited by 3 b) increase by .75 c) credited by 11.25 D) both a&b
14
‫‪15‬‬
‫‪16‬‬
Question:-
Date Dr Cr
5/4 Customer debit checking account 3060
Bank cards center 3000 + 3000 * 2% 3060
Bankcards center 3060
cash 3000
Credit commission 60
13/4 Customer debit Checking –buyer . 2000

. Bankcards Center 2000
Local /foreign Bank 2000 – 30 + (75%*30) 1992.5
Credit commission 20% * 30 6
The association 5% * 30 1.5
13/4 Customer debit checking account 1020

Bank cards center 1000 + 1000 * 2% 1020
cash 1000
Credit commission 20
30/4 Customer Debit checking account 61.3

Credit interest ( 3000* 2% * 25/30 ) + (1000*2%*17/30) 61.3
Credit interest 85.16
(3000*2%*31/31) + (2000 * 2%*4/31) + (1000*2%*31/31)
17

Credit interest 42.58
(3000*2%*11/30) + (2000 * 2%*11/30) + (1000*2%*11/30)
Cash 6269.04
Customer Debit checking account 6269.04
3060 + 2000 + 1020 + 61.3 + 85.16 + 42.58
18
7. In first withdraw transaction , credit commission is a)2000 b) 40 c) 60 d) 3000
8. in first withdraw transaction , cash will a) 3000 b) 5014.1 c) 6000 D) 6269.04
9. the interest of purchase transaction in April is a) 61.3 b) 11.3 c) 50 D) none of the above
10.in purchase transaction , how much of the interest is determined for the association
a) 75% b) 5% c) 15% d) none of the above
11.The may interest for purchase transacrtion is calculate for a)3 days b) 4 days C)5 days
12.The first day that cardholder will charge interest on purchase transaction is
a)12/6 b) 28/5 C)27/5 d) 11/6
19
‫‪True of false‬‬
‫‪20‬‬
‫‪Chapter‬‬ ‫‪6‬‬
‫‪21‬‬
‫‪22‬‬
‫‪23‬‬

Revsion Final 2023-5

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‫الغرفة االفريقيه‬ ‫ ابراهيم‬/‫محاسبه منشات للفرقة الرابعه تجاره انجليزي د‬

1. On a bank’s balance sheet , which of the following is not an assets ?

2. In a bank’s income statement, which of these can be found?

3. Net interest income is calculate as follows:-

a) Interest on loans and advances minus other income

a. - Net Loans = Gross Loans –ALL = $800 − $45 = $755 million

Net Loans = Gross Loans – ALL = $797 − $42 = $755 million

interest income : 240

Total assets = 1188+5334+2660+758+1633+500+29981 = 42054

A .interest income : 1400

‫‪34 B‬‬ ‫‪35 A‬‬ ‫‪36 B‬‬ ‫‪37 C‬‬

What is this bank's net interest income? 32

What is this bank's net noninterest income? - 20

What is this bank's net income? 7

Question:- Record the following transaction in CIB bank journal

a) Ahmed’s saving account increase by 75

The credit checking

a) Credited by 3000 b) debited by 3015 c) credited by 3015 D) debited by 3000

The amount of commission in Misr bank, as a result of overlapped operation will be

a)credited by 3 b) increase by .75 c) credited by 11.25 D) both a&b

13/4 Customer debit Checking –buyer . 2000

13/4 Customer debit checking account 1020

30/4 Customer Debit checking account 61.3

12/6 Customer Debit checking account 42.58

7. In first withdraw transaction , credit commission is a)2000 b) 40 c) 60 d) 3000

8. in first withdraw transaction , cash will a) 3000 b) 5014.1 c) 6000 D) 6269.04

a) 75% b) 5% c) 15% d) none of the above

a)12/6 b) 28/5 C)27/5 d) 11/6

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