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PRACTICE QUESTION Q1. A Municipal Assembly's records shows the following account balances. Required: You are to prepare for the Assembly for the period, 315 December

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PRACTICE QUESTION Q1. A Municipal Assembly's records shows the following account balances. Required: You are to prepare for the Assembly for the period, 315 December 2021 i. A Trial Balance ii. A Statement of Revenue and Expenditure iii. A Statement of Reserves and iv. A Statement of Financial Position Q2. Using the information below for the ATWIMA MPONUA Distric Assembly, prepare a Statement of Revenue and Expenditure for the period ending 31st December 2020 based on the approved expenditure

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