1. The following is the loan loss provision (LLP) status of M/s A Bank Ltd.

Pass a journal entry to book the change in LLP Status. As at Ashad 32, 2067: Rs. 100,000,000 As at Ashad 32, 2068: Rs. 120,000,000 2. The following is the loan loss provision (LLP) status of M/s A Bank Ltd. Pass a journal entry to book the change in LLP Status. As at Ashad 32, 2067: Rs. 100,000,000 As at Ashad 32, 2068: Rs. 80,000,000 3. As per NRB Directive, banks are required to book interest income accrued on loans only when the income is received in cash. Interest income besides accrued interest on loan is booked on accrual basis. The accrued interest on loan should be booked as interest suspense, if it is not received in cash. Pass necessary journal entries for the following transactions: a. Accrued interest of the bank on Ashad 32, 2068 is Rs. 36,545,870. Mr. X, the borrower has not paid interest on Ashad 32, 2068. (Journal entry on Ashad 32) b. Mr. X has paid the interest due on Ashad 32, 2068 on Bhadra 1, 2068. (journal entry on Bhadra 1) c. Accrued Interest on 364 days T_bill issued by NRB on Ashad 32, 2068 is Rs. 112,567,500. d. The accrued interest on T_bills (accrued on Ashad 32, 2068) was received on Bhadra 1, 2068 along with the interest accrued for the month of Shrawan amounting to Rs. 1,275,655. 4. Banks require to provide 100% provision while accepting non banking asset (NBA). They reverse the provision made for loans at that situation and provide provision for NBA. Pass journal entry to book the provision for NBA when NBA was accepted on 1st Ashad 2068: Rs. 100,000,000. 5. Banks require to provide 100% provision before writing off loans. Pass journal entry when a bank writes off its loan on Ashad 32, 2068 amounting to Rs. 675,545,555. 6. The gain/loss on revaluation of foreign currency is recognized on daily basis, which is called Mark-to-Market for investments held for trading. The banks maintain the position accounts of respective foreign currency for the same and the gain/(loss) on revaluation is routed through position account and Gain/(Loss) on Revaluation of Foreign Currency A/c. Pass necessary Journal Entries to book each of the following transactions: a. M/s Bank Ltd. purchased USD 100,000 on Ashad 30 at 1350 hours at Rs. 78/USD. b. The exchange rate between Rs/USD on Ashad 30 at 1930 hours when the system was closed was Rs. 77/USD. c. On Ashad 31, USD 50,000 was sold at Rs. 82/USD.