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The following balances were extracted from the books of Abganabganabga Metropolitan Assembly for the year ended 31st December, 2016. GHS Property rate 36,000 Funeral rate

The following balances were extracted from the books of Abganabganabga Metropolitan Assembly for the year ended 31st December, 2016.

GHS

Property rate 36,000

Funeral rate 12,000

Salaries of employee 70,500

Commission to revenue collectors 7,800

Overtime Allowance 8,100

Revenue from Concession 14,500

Stool lands revenue 6,900

Market tolls 12,600

Court fines 57,000

Sanitation fees 21,600

Lorry Park fees 10,500

Stationery and printing 42,000

Conferences 7,200

Telecommunication 9,300

Maintenance of building 4,800

Herbalist license 11,700

Chop bar license 42,300

Hotels license 69,000

Consumption of fixed assets 24,000

Market stores rent 15,600

Bungalow rent 10,200

Interest paid on Bonds issued 23,400

Interest on overdraft 27,600

Conferences 7,200

Telecommunication 9,300

Maintenance of building 4,800

Herbalist license 11,700

Chop bar license 42,300

Hotels license 69,000

Consumption of fixed assets 24,000

Market stores rent 15,600

Bungalow rent 10,200

Interest paid on Bonds issued 23,400

Interest on overdraft 27,600

Social benefits 27,000

Common fund 135,000

Central Government salaries 69,000

Dividend on shares purchased 36,000

Unspecified receipts 4,800

Other income 20,200

Grants given to community 24,900

Other expense 54,000

915,500

Required:

Prepare statement of financial performance of the District for the year ended 31st December, 2016.

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