QUESTION The following are the balances extracted from the Polic Acoste Coud of the Government of Guns for the year ended 31 December 2009 GHSM Dines Tax Grams from Multinal Partners Other Received 100 2000 Royals Fees and Fries Interest 2.000 100 2000 Localy Loris Constancy THA Fahd Sales Fol Service Benefits Main Ali Other SC DRO JO SO 10 Soci Beni Cese 35 15 Oferpendice Dacia Dot Elsa 330D Intereste AccumulatedFund (CR) Additional Information Additional Information 1) It is the policy of government to charge consumption of fixed capital on cost. Property plant and quipment is consumed the nile of 2% per annum Fees amounting to GHS 20,000,000,000 was earned but not received as at 31 December, 2019 Staff allowances of GHS 500,000,000 remained unpaid at the end of the year Required: Prepare in complianec to the IPSAS and the Public Financial Management Act 2016 (Act 921) for the Consolidated Fund a. Statement of Revenue and Expenditure for the year ended 31 December, 2019 5 marks) h Statement of Financial Position as at 31 December, 2019 15 marks) c. Notes to the accounts (5 maris) (Total 15 marks) 3 QUESTION The following are the balances extracted from the Polic Acoste Coud of the Government of Guns for the year ended 31 December 2009 GHSM Dines Tax Grams from Multinal Partners Other Received 100 2000 Royals Fees and Fries Interest 2.000 100 2000 Localy Loris Constancy THA Fahd Sales Fol Service Benefits Main Ali Other SC DRO JO SO 10 Soci Beni Cese 35 15 Oferpendice Dacia Dot Elsa 330D Intereste AccumulatedFund (CR) Additional Information Additional Information 1) It is the policy of government to charge consumption of fixed capital on cost. Property plant and quipment is consumed the nile of 2% per annum Fees amounting to GHS 20,000,000,000 was earned but not received as at 31 December, 2019 Staff allowances of GHS 500,000,000 remained unpaid at the end of the year Required: Prepare in complianec to the IPSAS and the Public Financial Management Act 2016 (Act 921) for the Consolidated Fund a. Statement of Revenue and Expenditure for the year ended 31 December, 2019 5 marks) h Statement of Financial Position as at 31 December, 2019 15 marks) c. Notes to the accounts (5 maris) (Total 15 marks) 3