Reference no: EM131117629
The following are extracts from the trial balance for revenue head No. 180 - 240, Airport revenue collection for the year ended 30th June 19X8:
Code Details Dr(£) Cr (£)
630 Renting building and equipment 807,456
631 Rent from land 3,796,205
651 Aviation landing fee 3,542,221
652 Airport passenger tax 3,991,029
670 Other airport receipts 798,144
Payment of revenue to exchequer 13,288,687
The following additional details are made available:
Balance in hand at 30th June 19X7 £2,568,242.
Estimated receipts for the year:
CODE AMOUNT
£1,000,000
£2,500,000
£3,000,000
£3,600,000
670 £1,100,000
Required:
A statement of revenue for the year ended 30th June 19X6
Give appropriate footnotes for material differences between estimates and the actual receipts.
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