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  • Unit Iii Problem Solving and Preparation of Balance Sheet

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    The document contains balance sheet information for two banks - CCC Bank and ABC Bank. CCC Bank has total assets of 1,130,500 PHP with 241,500 PHP in total equity, representing 21.36% of its total assets. ABC Bank has total assets of 1,066,000 PHP with 700,000 PHP in bank capital, representing 65.67% of its total assets.

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    UNIT-III-PROBLEM-SOLVING-AND-PREPARATION-OF-BALANCE-SHEET

    Original Title

    UNIT-III-PROBLEM-SOLVING-AND-PREPARATION-OF-BALANCE-SHEET

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    The document contains balance sheet information for two banks - CCC Bank and ABC Bank. CCC Bank has total assets of 1,130,500 PHP with 241,500 PHP in total equity, representing 21.36% of its total assets. ABC Bank has total assets of 1,066,000 PHP with 700,000 PHP in bank capital, representing 65.67% of its total assets.

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    © All Rights Reserved
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    4 views5 pages

    Unit Iii Problem Solving and Preparation of Balance Sheet

    Uploaded by

    trishaalbia
    The document contains balance sheet information for two banks - CCC Bank and ABC Bank. CCC Bank has total assets of 1,130,500 PHP with 241,500 PHP in total equity, representing 21.36% of its total assets. ABC Bank has total assets of 1,066,000 PHP with 700,000 PHP in bank capital, representing 65.67% of its total assets.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 5

    The World of Financial Markets and Institutions

    NAME: Elmira Laine S. Cadano

    SCHEDULE: MW 7:00AM-8:30AM

    ACTIVITY 1
    1. Total Assets (A)
    Other Assets ₱ 300,000.00
    Securities 70,000.00
    Commercial loans 150,000.00
    Consumer loans 40,000.00
    Cash, including cash items in the process of collection 60,000.00
    Mortgage loan 30,000.00
    Deposit in BSP 300,000.00
    Real Estate Loan 60,000.00
    Residential Mortgage 45,500.00
    Furniture & Fixtures 75,000.00
    Total Assets ₱ 1,130,500.00

    2. Total Liabilities (B)


    Commercial paper and Other short-term borrowings ₱ 300,000.00
    Demand deposit 67,000.00
    Other Liabilities 112,000.00
    Interest bearing deposits 250,000.00
    Long- term bonds 160,000.00
    Total Liabilities ₱ 889,000.00

    3. Total Equity (D)


    Retained earnings ₱ 91,500.00
    Bank, Capital 150,000.00
    Total Equity ₱ 241,500.00

    4. Bank’s equity on the percentage of the total assets (B)


    241,500.00
    = 21. 36 %
    The World of Financial Markets and Institutions
    NAME: Elmira Laine S. Cadano

    SCHEDULE: MW 7:00AM-8:30AM

    1,130,500.00

    CCC BANK
    BALANCE SHEET
    As of December 31, 2020
    ASSETS
    Securities ₱ 70,000.00
    Commercial Loans 150,000.00
    Consumer Loans 40,000.00
    Cash, including cash items in the process of collection 60,000.00
    Mortgage Loan 30,000.00
    Deposit in BSP 300,000.00
    Real Estate Loan 60,000.00
    Residential Mortgage 45,500.000
    Furniture and Fixtures 75,000.00
    Other Assets 300,000.00
    TOTAL ASSETS ₱ 1,130,500.00

    LIABILITIES
    Commercial paper and Other short-term borrowings ₱ 300,000.00
    Demand deposit 67,000.00
    Interest bearing deposits 250,000.00
    Long-term bonds 160,000.00
    Other Liabilities 112,000.00
    TOTAL LIABILITIES ₱ 889,000.00

    EQUITY
    Retained Earnings ₱ 91,500.00
    Bank, Capital 150,000.00
    TOTAL EQUITY ₱ 241,500.00

    TOTAL LIABILITIES AND EQUITY ₱ 1,130,500.00

    ACTIVITY 2
    The World of Financial Markets and Institutions
    NAME: Elmira Laine S. Cadano

    SCHEDULE: MW 7:00AM-8:30AM

    7. Total Liabilities (A)


    Commercial paper and Other short-term borrowings ₱ 88,000.00
    Other Liabilities 150,000.00
    Interest bearing deposits 73,000.00
    Long- term bonds 55,000.00
    Total Liabilities ₱ 366,000.00

    8. Total Assets (C)


    Other Assets ₱ 45,000.00
    Securities 30,000.00
    Commercial loans 56,000.00
    Consumer loans 155,000.00
    Cash, including cash items in the process of collection 230,000.00
    Deposit in BSP 236,000.00
    Real Estate Loan 75,000.00
    Building & Equipment Total 239,000.00
    Assets ₱ 1,066,000.00

    9. Total Equity (D)


    Bank, Capital ₱ 700,000.00
    Total Equity ₱ 700,000.00

    10. Bank’s capital on the percentage of the total assets (A)


    700,000.00
    = 65. 67 %
    1,066,000.00
    The World of Financial Markets and Institutions
    NAME: Elmira Laine S. Cadano

    SCHEDULE: MW 7:00AM-8:30AM
    ABC BANK
    BALANCE SHEET
    As of December 31, 2020
    The World of Financial Markets and Institutions
    NAME: Elmira Laine S. Cadano

    SCHEDULE: MW 7:00AM-8:30AM
    ASSETS
    Securities ₱ 30,000.00
    Commercial Loans 56,000.00
    Consumer Loans 155,000.00
    Cash, including cash items in the process of collection 230,000.00
    Deposit in BSP 236,000.00
    Real Estate Loan 75,000.00
    Building and Equipment 239,000.00
    Other Assets 45,000.00
    TOTAL ASSETS ₱ 1,066,000.00

    LIABILITIES
    Commercial paper and Other short-term borrowings ₱ 88,000.00
    Interest bearing deposits 73,000.00
    Long-term bonds 55,000.00
    Other Liabilities 150,000.00
    TOTAL LIABILITIES ₱ 366,000.00

    EQUITY
    Bank, Capital ₱ 700,000.00
    TOTAL EQUITY ₱ 700,000.00

    TOTAL LIABILITIES AND EQUITY ₱ 1,066,000.00

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