The list of balances were extracted from the books of Ga West District Assembly as at 31st December, 2018. GHS000 Bank 53,000 Petty Cash 2,000 Property Rate 20,000 Penalties received 3,000 Licenses 22,500 Inventory 15,000 Building and Structure 32,500 Basic rate 12,400 Land Revenues 6,300 Time Merchants License 13,650 Fines 9,700 Water rate 4,500 Social Benefits 6,500 Market fees 1,320 Sundry revenue 48,225 Work-In-progress 48,500 Repairs to market facilities 3,600 Parks and recreational costs 7,500 Wages and Salaries 4,900 Remuneration to Assembly Members 11,250 Plant and equipment purchased 3,500 Interest on investment 2,980 Administration costs 7,770 Other recurrent expenditure 1,600 Trade earnings 6,600 Receipts from central government 45,780 Sundry expenses 11,120 Investment fixed deposit 14,000 Staff and other advances 22,200 Creditors 2,479 Loans given 35,460 District Development Bond issued 7,930 Interest payments to Bondholders 1,290 Repairs and Maintenance of schools 15,000 District Assemblies Common Fund Receipts 50,000 Net accumulated results 39,926

Additional Information 1. In June 2016, the District Assemblies Common Fund Secretariat purchased and transferred plant and machinery amounting to GHS7, 930,000 to the Ga West District. Also, the DACFA paid directly a contractor an amount of GHS347, 000 on behalf of Ga West District Assembly for the construction of the educational facility. This has not been recorded in the books of the Assembly. 2. Total vouchers amounting to GHS 2,750,000 for Administrative Expenses are outstanding at the end of the year and not recorded in the books at the Assembly. 3. The petty cashier of the District Assembly was given an amount of GHS 3,000,000. This is also has not been recorded in the books of the Assembly. 4. A loan of GHS 2,700.000 was taken from GCB Bank by the Assembly and the DACFA also paid an amount of GHS 8,500,000 to the Assembly but these were not recorded in the books. Required: As the Senior Accounts Manager working with the Assembly, prepare the following financial statements:

a. A trial balance as at 31st December, 2018 [30 marks]

b. Statement of financial performance for the year ending 31st December, 2018 [15 marks]

c. Statement of Financial Position as at 31st December, 2018 [15 marks]