The table below showed financial information for X Federal Government for the year 2021. Item RM...
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The table below showed financial information for X Federal Government for the year 2021. Item RM (million) 20,497 Cash as at I January Capital Receipts 1.224 Consolidated Revenue Account Consolidated Loan Account Consolidated Trust Account Emolument Grants and Fixed Charges Investments Non-Tax Revenue Non - Revenue Receipts Other Expenditure Purchase of Assets Revenue from Federal Territories Supplies and Services Tax Revenue 21,863 (10,450) 54,680 82,996 109,493 83.484 56,294 7,689 944 630 676 29,323 154,397 Required: Based on the information, prepare the Statement of Financial Position and Statement of Cash Receipts and Payments for "X Federal Government" for the year of 2021. The table below showed financial information for X Federal Government for the year 2021. Item RM (million) 20,497 Cash as at I January Capital Receipts 1.224 Consolidated Revenue Account Consolidated Loan Account Consolidated Trust Account Emolument Grants and Fixed Charges Investments Non-Tax Revenue Non - Revenue Receipts Other Expenditure Purchase of Assets Revenue from Federal Territories Supplies and Services Tax Revenue 21,863 (10,450) 54,680 82,996 109,493 83.484 56,294 7,689 944 630 676 29,323 154,397 Required: Based on the information, prepare the Statement of Financial Position and Statement of Cash Receipts and Payments for "X Federal Government" for the year of 2021.
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Statement of Financial Position as at December 31 2021 Assets Cash 20497 RM Cash as at 1 January Inv... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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