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please provide full answers with steps, i prefer it to not be written by hand. The following data is related to one of the countries
please provide full answers with steps, i prefer it to not be written by hand.
The following data is related to one of the countries and classified based on the functions Jordan Items Audit Prime Ministry of Bureau Ministry Interior Direct Taxes 6,300 Indirect Taxes 2.000 Fees 510 1750 780 Salaries & Wages Expenditures 4,000 4.200 Operating Expenditures 8,500 2.600 400 Other Current Expenditures 80 50 20 Capital Expenditures 500 300 560 Items Balance 1/1 Years Transactions Dr. Gr. 700 2.000 1.700 1.000 Balance 31/12 External Loans Local Loans Paid interest 8.700 4,700 300 If you know that: - The cash balance (Treasury Central Banks) is 2.500 and the surplus balance is 1.500. The cost of external borrowing is 6% and local borrowing is 9% where it is calculated based on the average of its balance during the year. An agreement has been signed with the value of 750 million and it has not been received yet. Operating expenditures with the value of 400 million has not been paid and recorded yet. Instructions: 1. Record the required entries 2. Prepare the final accounts Step by Step Solution
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