Give appropriate footnotes for material differences between

Question

The following are extracts from the trial balance for revenue head No. 180 - 240, Airport revenue collection for the year ended 30^th 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 30^th 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 30^th June 19X6

Give appropriate footnotes for material differences between estimates and the actual receipts.