Image transcription text The Following were the balances of accounts in the Statement of Operations

Image transcription text
The Following were the balances of accounts in the Statement of Operations of
the Tomay Credit Cooperative for the Year Ended December 31, 2021: Collection
from Penalties and fines 10,000.00 Interest from Loans 170,000.00 …
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1. How much is the net surplus? (Attach your solutions to all answers here)
2. How much is allocated to the Community Development Fund pursuant to the provisions of RA 9520?
3. How much is allocated to Education and Training Fund pursuant to the provisions of RA 9520?
4. How much is allocated to Optional Fund pursuant to the provisions of RA 9520?
5. How much is allocated to General Reserve Fund pursuant to the provisions of RA 9520?
6. How much is allocated to Interest on Share Capital pursuant to the provisions of RA 9520?
7. How much is allocated to Patronage Refund pursuant to the provisions of RA 9520?