QUESTION 1 The following balances were extracted from the relevant books of accounts o the Controller and Accountant-General's Department at the end of December, 2015 Trail Balance as at 31 December, 2015 GHS GHS Foreign Investment 64,780.50 Taxes on Domestic Goods Taxes on International Transaction 40,000.00 94,500.00 Personal Emoluments 160,000.00 Domestic Short Term Loan 6,750.00 42,750.00 Domestic medium and loan term loan 21,200.0 18,300.00 SSF Contribution Pension and Gratuity -Taxes on lncome & Properties 155,600.00 Contingency Fund Local Investment 5,750.00 Value Added Tax 142,300.00 100,000.00 14,300.00 337.50 32,000.00 Administrative Expenses Educatio Trt Fund Sinking Fund Road Fund Arrears Non Road Fund Arrears Grants 29,300.00 District Assembly Common Fund 119.600.00 -Divestiture Proceeds 36,500.00 825.75 Foreign Loan Cash in Hand 1,375.00 5.280.75 Counterpart Fund Other Revenue Receipt Interest Payment on loan Service Expenditure Loan Advances Other Advances 21,800.00 700.00 14,000.00 9,900.00 6,615.00 4,954.95 580,628.95 Trust Fund 580,628.95