Question 3 Below the Trial Balance of the Consolidated Fund for the year ended 31st December 2017 GHc'm GHc'm Established post 20,200 Non-establish post 9,200 Travel allowances 3,400 Insurance 1,960 Conferences and workshops 7,500 Car manta inance allowamces 850 Rent and rates 1,250 Motor vehicle 30,400 Other non-financial assets 16,900 Accummulated consumption of fixed asset 1,640 Currency reserves 14,500 Cash and bank 1,320 Equity investment 16,600 Other international investments 4,200 Payables 18,900 Grants 1,540 9,600 Tax 54,240 Non tax 14,240 Loans and advances 1,030 office consummables 2,300 Printing and publication 1,980 Subsidies 4,500 Social Assistant benefits-LEAP 150 National health Insurance 100 Medical refunds 300 Other expenditure 780 Domestic debt interest 10,200 Internal debt interest 14,300 External debt 48,400 Internal debt 52,200 Pension funds 12,400 Deposits and other trust monies 340 Contigency fund 880 Accummulated fund (1/1/17) 50,020 214,160 214,160 Additional Information i) Tax revenues assessed but not collected amount to GHc3,200,000,000 during the year and it is anticipated that 10% will be uncollectible. ii) Established post salaries in arrears during the year amounted to GHc1,340,000,000 and payable to Electricity Company of Ghana for power supplied was GHc 60,200,000 iii) Consumption charged on fixed capital is computed on straight-line basis and the amount computed for the year is GHc3, 120,000,000. iv) Ghana adopted the GFS harmonized chart of accounts since 2014. Required: a) Prepare the Statement of Financial Performance of Consolidated Fund for the year ended 31st December 2014 and the Statement of Financial Position as at the same date, in a form suitable for publication in compliance with the IPSAS and the Financial Laws of Ghana. b) Disclose all relevant notes to the financial statements