This document discusses the key schedules and items included in the special accounts of a bank. It notes that banks deal in money by buying deposits from customers and selling it to borrowers. It then outlines 16 schedules that make up the special accounts, including schedules for capital, reserves, deposits, investments, assets, liabilities, income from interest, other income, interest expended, and operating expenses. Key line items are provided for each schedule such as types of deposits, investments, assets, liabilities, income and expenses.

1. Special Accounts
R.AMALA MARY, M.Com., M.Phil
Assistant Profssor
EMG Yadava Women’s College,
Madurai -14

2. special Accounts
BANKING
A bank deals in money .It buys and
sells money in the same way as a
trader buys goods for resale at a
profit .It buys money from depositors
and sells it to borrowers.

4. WORKING NOTES:
• Schedule 13:Interest earned
• Interest on loans
• Discount on bills discounted
• Interest on cash credits
• Interest on over drafts
Schedule 14:other income
• Commission charged to customers

5. Schedule 15: Interest expended
• Interest on fixed deposits
• Interest on current accounts
• Interest on saving bank accounts
Schedule 16: operating expenses
• Establishment expenses
• Printing and Advertisements
• Rent and rates
• Directors and Auditor’s fees
• Postage & telegrams
• Sundry charges
PROVISIVION AND CONTINGENCIES

7. WORKING NOTES:
Schedule 1:Capital
• Issued and subscribed share capital
Schedule 2:Reserves and surplus
• Reserve fund
• Profit and loss/c(c/y)
• Less: dividend (p/y)
• Add: net profit
• Reserve (25%)
• Statutory reserve

8. Schedule 3: Deposits
• Fixed deposits
• Savings bank deposits
• Current accounts
Schedule 4:borrowing
• Short loans
Schedule 5: other liabilities and provision
• Bills payable
• Unclaimed dividend
• Rebate on bills discounted

9. Schedule 6:cash and balances with RBI
• Cash in hand
• Cash with RBI
Schedule 7:balance with banks and money at call
and short notice
• Money at call and short notice
• Cash with other banks
Schedule 8:investments
• Investments
Schedule 9: Advances
• Bills discounted and purchased
• Loans, cash credit and over draft

10. Schedule 10 :fixed assets
• Premises
• Furniture
• Building
Schedule 11:other assists
• Other assets
Schedule 12 : contingent liabilities
• Bills for collection