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Income taxes 3,000 Export duties 4,000 Import duties 6,000 Company tax 2,000 Evidence from past experience shows that 20% of the outstanding taxes are unlikely
Income taxes 3,000 Export duties 4,000 Import duties 6,000 Company tax 2,000 Evidence from past experience shows that 20% of the outstanding taxes are unlikely to be received by the government of Ghana. Required: Prepare in a form suitable for publication and in accordance with Accrual bases IPSAS and the financial enactments of Ghana: i) Statement of Financial Performance for the year ended 31 December, 2019 ii) Statement of Financial Position as at 31st December, 2019. Notes to the accounts (Total: 30 marks) iii) Income taxes 3,000 Export duties 4,000 Import duties 6,000 Company tax 2,000 Evidence from past experience shows that 20% of the outstanding taxes are unlikely to be received by the government of Ghana. Required: Prepare in a form suitable for publication and in accordance with Accrual bases IPSAS and the financial enactments of Ghana: i) Statement of Financial Performance for the year ended 31 December, 2019 ii) Statement of Financial Position as at 31st December, 2019. Notes to the accounts (Total: 30 marks) iii)
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