Question 1 Given below is the Trial Balance of the Consolidated Fund for the year ended 31 December 2021 Additional information: i) Financial statements are prepared on accrual basis using the Chart of Accounts of Republic of Ghana. ii) Consumption of fixed asset is charged annually on cost at the rate of 10% iii) Extract of the 2021 budget is as follows: * Required: In accordance with the Public Financial Management Act 2016, Public Financial Management Regulations, 2019 and the International Public Sector Accounting Standards (IPSAS), prepare: i) Statement of Financial Performance of the Consolidated Fund for the year ended 31st December, 2021 in comparison with the budget. ii) Statement of Financial Position of the Consolidated Fund as at 31st December 2021 ; iii) Notes to the accounts. (20 marks) Question 2 Question 1 Given below is the Trial Balance of the Consolidated Fund for the year ended 31 December 2021 Additional information: i) Financial statements are prepared on accrual basis using the Chart of Accounts of Republic of Ghana. ii) Consumption of fixed asset is charged annually on cost at the rate of 10% iii) Extract of the 2021 budget is as follows: * Required: In accordance with the Public Financial Management Act 2016, Public Financial Management Regulations, 2019 and the International Public Sector Accounting Standards (IPSAS), prepare: i) Statement of Financial Performance of the Consolidated Fund for the year ended 31st December, 2021 in comparison with the budget. ii) Statement of Financial Position of the Consolidated Fund as at 31st December 2021 ; iii) Notes to the accounts. (20 marks) Question 2