Below are information and data of Malaysian Government for the year 2020.

i.Consolidated Revenues Account 2020

Particulars 2020 (RM) 2019 (RM)

Balance at 1 January 12,837,653,396 12,683,033,041

Total Revenues 35,273,453,226 31,966,730,372

Total Operating Expenditure 34,831,675,305 31,812,110,017

Balance at 31 December 13,279,431,317 12,837,653,396

ii. Consolidated Trust Accounts

Accounts Balance at 1 January 2020 (RM) Balance at 31 December 2020 (RM)

Development Fund (13,822,929,392) (14,824,115,990)

Sinking Fund 100,735,825 64,530,671

Housing Loan Fund 164,042,058 17,382,504

Government Trust Fund (30,623,168) 2,121,427,497

Public Trust Fund 455,902,832 508,714,497

Deposits (257,375,552) 581,019,420

Accounts Payable 1,533,558,091 1,822,460,127

iii. Consolidated Loan Accounts

Consolidated Loan Accounts for Government Malaysia consist of Treasury Bills, Investment Certificates and Other Loans. Consolidated Loans Account balance at 31 December 2020 was RM14, 399,589,340, while balance at 31 December 2020 was RM14, 438,458.153.

iv. Statement of Investment Account

Particulars Nominal value Market value Book value Book value 2020

General Investment 420,391,633 442,681,667 430,540,103 501,488,165

Sinking Fund Investment 64,416,701 64,152,574 64,530,671 100,735,825

Special Fund Investment 570,293,697 572,515,824 570,837,246 444,374,863

v. Summary Statement of Cash

Particulars 2020 (RM) 2019 (RM)

Cash In Hand 12,116,306 12,222,630

Cash In Transit 136,507,805 330,327,869

Cash At Bank 16,755,907,252 14,030,272,891

vi. Detailed of total Revenues and Operating Expenditure based on General Object are as follows:

Particulars Year 2020 Percentage (%) Year 2019 Percentage (%)

Tax Revenue 66.0 67.0

Non-Tax Revenue 29.7 30.1

Non-Revenue Receipts 4.0 2.5

Revenue from Federal Territories 0.3 0.4

Emoluments 29.7 31.5

Supplies and Services 10.6 11.0

Assets 0.8 0.8

Grants and Fixed Charges 57.0 54.1

Other Expenditure 1.9 2.6

Based on the above information, you are required to prepare comparative summary statement of Consolidated Revenue Account and a comparative Balance Sheet for the year 2020 as required by the financial procedure Act, 1957.