In the books of Pollution Free Ltd Royalties Payable Year Pollution Free Ltd Peace Ltd Royalties Shortwokings Shortworkings Receivable Recoverable Allowable GHS GHS GHS GHS GHS 2020 300,000 160,000 200,000 60,000 20,000 2021 420,000 180,000 225,000 The financial year end of all parties end on 31" December. All payments are made on 15th January of the following year. Shortworkings in a year can be recovered within the following year only. Required Complete the following accounts in the books of Pollution Free Ltd. a. Royalties Payable account for 2020 b. Royalties Receivable account for 2020 c. Peace & Co account d. Clean World & Co account (8 marks) Question three H Energy Ltd consigned 100 electric cars to Mobility & Co at a cost of GHS10,000.00 per car plus a mark-up of 30%. H Energy Ltd paid for freight of GHS400,000.00 and export duty of GHS50,000.00. Mobility & Co received the cars on 1" February 2022 and paid for import duty of GHS 100,000.00, warehousing charges of GHS36,600.00 and distribution cost of GHS10,000.00. In the course of offloading the cars at the warehouse, 1 car was crashed and could not be sold. Mobility & Co earned a main commission of 10% and a del credere commission of 4%. On 1st March 2022, Mobility & Co dispatched an account sales to H Energy Ltd indicating that 19 cars were still in stock and the remaining cars had been sold at GHS15,000.00 per car." Required a. Calculate the invoice price of a car (1 mark) b. Calculate the number of cars sold (1 mark) c. Calculate sales (1 mark) d. Calculate the commission earned by Mobility & Co (1 mark) e. Calculate the del credere commission earned by Mobility & Co (1 mark) f. Determine stock loss (cost plus relevant expenses) (1.5 marks) g. Determine closing stock (cost plus relevant expenses) (1.5 marks) (Show workings) (8 marks) B