Old MathJax webview

Old MathJax webview

be em Question 5 LA elo 7 GHS000 ended) Accountant General Department, the final accounts section, as at the year ended, 31 Decer The following trial balance was extracted from the books of accounts of the Controller and 2009 GHS000 975.00 Accumulated Fund b/ 97.50 Counterpart fund 121.88 charges on outstanding SSNIT Contingency Fund 121.88 Central Payroll cost 186.88 Non-Road Arrears 341.25 455.00 External Debt interest Income tax refund Cash and Bank balances Communication Service Tax 479.38 511.88 698.75 910.00 HIPIC Grant Education Trust Fund Fees and charges Investment expenditure Dividends Road Fund 999.38 1,007.50 1,007.50 1,015.63 1,088.75 - External Borrowings 'Import Duty Excise Duty Sales of Goods and Service Loans receivables 1,153.75 1,267.50 2,795.58 2,348.13 1,909.38 Public Sector Accounting Chapter 2: Central Government Accounting 2,396.88 ust Fund HIPIC Projects 2,608.13 2,851.88 2,916.88 5,412.96 4,420.63 5,485.96 dvances to government officials 55F Contribution Domestic Borrowings Fines, Penalties & Forfeiture Personal Income Tax(Self Employed) National Health Insurance Fund Rent of Government Land and Building Administration expense Domestic Debt interest 3,615.63 4,235.52 4,265.63 4,468.75 import VAT 4.485.00 Personal Income Tax(PAYE) 4,517.50 Road Arrears 4,623.13 Corporate tax 5,068.92 Pension and gratuity 4,858.75 Local Investments 5,126.88 Project Grant 5,126.88 Service expenditure 6,1.66.88 External Investment 6,589.38 District Assembly Common Fund 7,231.25 Domestic VAT 7,231.25 Petroleum Levy 9,248.56 Salaries of Public officers 8.718.13 70581.88 70.581.88 Cash basis of accounting is use in preparing the accounts of the government. You are required to prepare the i. The revenue and expenditure account of the government for the year ended 2009 ii. Government statement of financial position as at 31 December, 2009 iii. Prepare the notes forming part of the financial statements for the year ended 31 December, 2009