Question Two The following balances were extracted from the relevant books of accounts of the Controller and Accountant General Department at the end of December, 2020 Trail Balance as at 31 December, 2020 GHS GHS Foreign Investment 64,780.50 Taxes on Domestic Goods 40,000.00 Taxes on International Transactions 94,500.00 Personal Emoluments 160.000.00 Domestic Short Term Loan 6,750,00 Domestic medium and loan term loan 42.750.00 SSF Contribution 21.200,00 Pension and Gratuity 18,300.00 Taxes on Income & Properties 155.600.00 Contingency Fund 67.50 Local Investment 5.750,00 Value Added Tax 142.300.00 Administrative Expenses 100,000.00 Education Trust Fund 14,300.00 Sinking Fund 337.50 Road Fund Arrears 32,000.00 Non Road Fund Arrears 11,770.95 Grants 29,300.00 District Assembly Common Fund 119.600.00 Divestiture Proceeds 36,500.00 Foreign Loan 825.75 Cash in Hand 1,375.00 Counterpart Fund 5,280.75 Other Revenue Receipt 21,800.00 Interest Payment on loan 700.00 Service Expenditure 14,000.00 Loan Advances 9.900.00 Other Advances 6,615.00 Trust Fund 4,954.95 580,628.95 580,628.95 You are required to prepare for publication, the following: i. The Revenue and Expenditure Account for the Year Ended 31 December, 2020 ii. Statement of Financial Position as at 31 December, 2020 iii. Notes forming part of the financial statements for the year ended 31 December, 2010