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It is quite lengthy but i hope you can help me break it down please. LOCAL GOVERNMENT FINANCIAL REPORTING Qurtis ( Below is the streefom
It is quite lengthy but i hope you can help me break it down please.
LOCAL GOVERNMENT FINANCIAL REPORTING Qurtis ( Below is the streefom the end of Manipal ANA Trial Beer GR GHS Repairs Trani WMSGM Team True - Independence Day ON Lavender Local med me No established pellentes Alle Beber pad Free SD Acced Shared Com RA 20350 Party 00 Mere Larry parts MR. Veel Tower 60 130 e depot Ped depenen ws Prime M Chandan Law Reverse Othere Am Dect develogut facility ACCO ILLUSTRATIONS FON FACE-TO-FACE SESSIONELY Pro 1930 Aitariamal Internet The bly add to pended of the content de policy The Womes for Development will be the det of GST at for Ass 31 December 2018, medtem minal is yet to recoge the above is so The conversation were embly from the Cathedral by the comme GHSTOC. The the Ocche in posto de 2.000.000 de during the year. The met ch GHIS. Meselect GRASI ... No matters Cup of El capital toegedie AN te wees Melewa Consumption of fixed capital is to be charged as follow Estimated full Motor vehicles 5 years Furniture and fittings 5 years Premises 10 years Equipment years During the year, the following assets were acquired and outright payments made for them Motor Vehicle GHS7,000,000, Equipment GHS 4,000,000. These have not been accounted for EMA could not pay the electricity bill for the last quarter of 2019. This was brought to its Mention by the Electricity Company Lid of Ghana. The amount involved is GHS2,000,000 VB The goverment has assigned some young graduates to EMA as part of the Nation Builders Corp program to support the Assembly in revenue mobilization. The allowances amounting to GHS2.000.000 due them from EMA for the last month of the year w outstanding Fixed deposit attracts interest of 2016 perannum and some interest is daas at 31 December 2019 ACC 558 ILLUSTRATIONS FOR FACE-TO-FACE SESSION JULY 2012 Page 2 of 6 The market she fees received was for two years: 2019-2020 x) During the year, the Episuman Association in Netherlands donated a new chicle valued GHS400,000 to the assembly. No record was made in the books ) Extract of the 2019 Budget of the assembly is as follow GH00 Decentralized transfer 200.000 Compensation of employees 74.300 Goods and Services 35.600 Other expenses 1.00 Intemally Generated Funds 150.000 Donations and grants 1000 Required: Prepare in accordance with the IPS 48 and the Pullic Financial Management Act, 2016(er 921): a) Statement of Financial Performance for the year ended 31 December 2019, b) Statement of Financial Position as at 31 December 2015 c) Statement of Budget Information in Comparison with Actuals for the year endol 3 December 2019 d) Notes to the financial statements. LOCAL GOVERNMENT FINANCIAL REPORTING Qurtis ( Below is the streefom the end of Manipal ANA Trial Beer GR GHS Repairs Trani WMSGM Team True - Independence Day ON Lavender Local med me No established pellentes Alle Beber pad Free SD Acced Shared Com RA 20350 Party 00 Mere Larry parts MR. Veel Tower 60 130 e depot Ped depenen ws Prime M Chandan Law Reverse Othere Am Dect develogut facility ACCO ILLUSTRATIONS FON FACE-TO-FACE SESSIONELY Pro 1930 Aitariamal Internet The bly add to pended of the content de policy The Womes for Development will be the det of GST at for Ass 31 December 2018, medtem minal is yet to recoge the above is so The conversation were embly from the Cathedral by the comme GHSTOC. The the Ocche in posto de 2.000.000 de during the year. The met ch GHIS. Meselect GRASI ... No matters Cup of El capital toegedie AN te wees Melewa Consumption of fixed capital is to be charged as follow Estimated full Motor vehicles 5 years Furniture and fittings 5 years Premises 10 years Equipment years During the year, the following assets were acquired and outright payments made for them Motor Vehicle GHS7,000,000, Equipment GHS 4,000,000. These have not been accounted for EMA could not pay the electricity bill for the last quarter of 2019. This was brought to its Mention by the Electricity Company Lid of Ghana. The amount involved is GHS2,000,000 VB The goverment has assigned some young graduates to EMA as part of the Nation Builders Corp program to support the Assembly in revenue mobilization. The allowances amounting to GHS2.000.000 due them from EMA for the last month of the year w outstanding Fixed deposit attracts interest of 2016 perannum and some interest is daas at 31 December 2019 ACC 558 ILLUSTRATIONS FOR FACE-TO-FACE SESSION JULY 2012 Page 2 of 6 The market she fees received was for two years: 2019-2020 x) During the year, the Episuman Association in Netherlands donated a new chicle valued GHS400,000 to the assembly. No record was made in the books ) Extract of the 2019 Budget of the assembly is as follow GH00 Decentralized transfer 200.000 Compensation of employees 74.300 Goods and Services 35.600 Other expenses 1.00 Intemally Generated Funds 150.000 Donations and grants 1000 Required: Prepare in accordance with the IPS 48 and the Pullic Financial Management Act, 2016(er 921): a) Statement of Financial Performance for the year ended 31 December 2019, b) Statement of Financial Position as at 31 December 2015 c) Statement of Budget Information in Comparison with Actuals for the year endol 3 December 2019 d) Notes to the financial statements Step by Step Solution
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