[maluzz]

The amount of short term borowings is the balancing figure, right?
If so, the reserves can only be calculated after adding the retained earnings and inorder to calculate the retained earnings, we need to determine the interest first. So without knowing the interest and retained earnings, how can we find the amount of reserves inorder to get the balancing figure of short term borrowings?

[maluzz]

how will we calculate the interest payable ?

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