4200 Question 1 Below the Trial Balance of the Consolidated Fund for the year ended 31 December 2016 GHem Gem Established post 20.200 Non establishpost 9.20) Travel allowances 3,400 Insurance 1.00 Conferences and workshops 7.500 Car mantainance allowances Rent and rates 1.250 Motor vehicle 30.400 Other non-financial assets 1900 Accumulated consumption of fixed asset Currency reserves 14.500 Cash and hank 1.10 Equity investment 10,000 Other international invest Payables INO Grants 1,500 9600 Tax 540 Non tax 14.2400 Loans and advances 1/0x30 office Cables 2300 Printing and publicat 1.980 Subsidi 4,500 Socal Assistant benefits-LEAP National health Insurance Medical refund Other expenditure 780 Domestie de interest 10200 Internal debt interest 14.300 External de 400 Internal debt 2200 Pension funds 12.400 Deposits and other trumniek 310 Continey und 880 Accumulated find (1/1/16) 50.000 214,163 214,165 150 100 Additional Information i) Tax revenues assessed but not collected amount to GHc3,200,000,000 during the year and it is anticipated that 10% will be uncollectible. il) Established post salaries in arrears during the year amounted to GHc1,340,000,000 and payable to Electricity Company of Ghana for power supplied was GHC 60,200,000 iii) Consumption charged on fixed capital is computed on straight-line basis and the amount computed for the year is GHc3, 120,000,000 iv) Ghana adopted the GFS harmonized chart of accounts since 2016 Required: a) Prepare the Statement of Financial Performance of Consolidated Fund for the year ended 31 December 2016 and the Statement of Financial Position as at the same date, in a form suitable for publication in compliance with the IPSAS and the Financial Laws of Ghana. b) Disclose all relevant notes to the financial statements. 4200 Question 1 Below the Trial Balance of the Consolidated Fund for the year ended 31 December 2016 GHem Gem Established post 20.200 Non establishpost 9.20) Travel allowances 3,400 Insurance 1.00 Conferences and workshops 7.500 Car mantainance allowances Rent and rates 1.250 Motor vehicle 30.400 Other non-financial assets 1900 Accumulated consumption of fixed asset Currency reserves 14.500 Cash and hank 1.10 Equity investment 10,000 Other international invest Payables INO Grants 1,500 9600 Tax 540 Non tax 14.2400 Loans and advances 1/0x30 office Cables 2300 Printing and publicat 1.980 Subsidi 4,500 Socal Assistant benefits-LEAP National health Insurance Medical refund Other expenditure 780 Domestie de interest 10200 Internal debt interest 14.300 External de 400 Internal debt 2200 Pension funds 12.400 Deposits and other trumniek 310 Continey und 880 Accumulated find (1/1/16) 50.000 214,163 214,165 150 100 Additional Information i) Tax revenues assessed but not collected amount to GHc3,200,000,000 during the year and it is anticipated that 10% will be uncollectible. il) Established post salaries in arrears during the year amounted to GHc1,340,000,000 and payable to Electricity Company of Ghana for power supplied was GHC 60,200,000 iii) Consumption charged on fixed capital is computed on straight-line basis and the amount computed for the year is GHc3, 120,000,000 iv) Ghana adopted the GFS harmonized chart of accounts since 2016 Required: a) Prepare the Statement of Financial Performance of Consolidated Fund for the year ended 31 December 2016 and the Statement of Financial Position as at the same date, in a form suitable for publication in compliance with the IPSAS and the Financial Laws of Ghana. b) Disclose all relevant notes to the financial statements