QUESTION 5 Given below is information of a government department concerning warrants received and payment made under the warrants for the 2016 financial year. Warrants received Items Quarter 1 Quarter 2 Quarter 3 Quarter 4 GH GHC GHC GHE Compensation for employees 120,000 120,000 125,000 125.000 Goods and services 80,000 60,000 60,000 70,000 Non-financial assets 90,000 80,000 100,000 80,000 Payments under the warrants Items Quarter 1 Quarter 2 Quarter 3 Quarter 4 GH GHC GHC GHc Compensation for employees 110,000 122,000 120,000 130,000 Goods and services 85,000 70,000 60,000 75.000 Non-financial assets 75.000 70,000 110,000 70.000 The general rule is that balances on a warrant could be carried forward to subsequent quarters except that every warrant elapses on December 31" every year. Required: Prepare the Revenue and Expenditure Returns for the fourth Quarter of 2016 to be submitted to the Controller and Accountant General