QUESTION 4 (20 MARKS) A. The following information is available: NO. 1 DATE 1.1.2021 2 9.1.2021 3 12.1.2021 4 14.1.2021 5 16.1.2021 TRANSACTIONS Received an allocation warrant no. WP 2/xx RM100,000 from director general. Sign an agreement AG 410/XX with ZYA Stationeries for supplies of stationeries for 2 years period amounted to RM10,800. Issue small allocation warrant WPK 03/XX to Sg Buloh Hospital amounted RM4,000. Received an additional allocation from General Director. Voucher no. WP 9/XX amounted to RM15,000. Prepare a payment voucher no. BP 100102 for recoupment of petty cash for Administration Department for RM120. Prepare a payment voucher no. BP 100202 to ZYA Stationeries amounted to RM 2,000 as part of the payment Issue local order No LO 11/XX to Zach Sdn Bhd for maintenance of office equipment for the month of January amounting RM 3,100. Notice to reduce allocation has been received from Director General Officer for RM10,000. Reference: NPP 1/X. Cancel the agreement with Zach Sdn Bhd due to breach of contract. 6 18.1.2021 7 20.1.2021 8 27.1.2021 9 31.1.2021 Required: Prepare the record in the vote book for the month of January 2021. (10 marks) (CLO1:PLO2:04) B. Public Accounts are used by various group of users. The Governmental Accounting Standard Board (GASB), 1984 has appropriately identified the needs of users. These users used the financial statement for various purposes. Required: Determine the users of the public sector financial statements. (4 marks) (CLO1:PLO2:04) C. Analyze THREE (3) differences between the content of federal government and public companies' financial statement. (6 marks) (CLO2:PLO5:04)