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show all workings clearly. if you cant do it, dont attempt it. i dont want wrong answers. The following Trial Balance was extracted from the
show all workings clearly. if you cant do it, dont attempt it. i dont want wrong answers.
The following Trial Balance was extracted from the books of doraswwo Municipal Assembly (AMA) as Additional information: i) Revenues are classified as follows: Rate, Land Revenue, Fees and Fines, Licenses, Rent income, investment income and Grants. ii) The expenditure classification should comply with the harmonised Chart of Accounts. iii) Consumption of fixed capital for the year is computed as GHec260,000,000. Required: a) Prepare: i) A Statement of Financial Performance for the year ended 31s December 2021; and ii) A statement of Financial Position as at 31 s December, 2021 Step by Step Solution
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