The question: The following is the Al-Aqsa National Bank income statement for the year 2018 in the Jordanian dinar currency:
Al Aqsa National Bank
Income statement for the year 2018
Net benefits
30,000,000
Net commissions
15,000,000
Other operating revenues
10,000,000
Net revenue
55,000,000
Coming: Expense
Salaries
2,000,000
Staff training
300,000
Consumptions
3,000,000
Hospitality expenses
120,000
Miscellaneous allocations
4,000,000
Bad debts
250,000
Other operating expenses
15,000,000
Total expenses
24,670,000
Net income declared
5,330,000