ABC CO. Ltd. Is being managed by a group of professionals with engineering background.Reccently one of the consultants has told this. Company that fund and cash flow statement are essentials to understand the business operations of the year.They approach you to help them in preparing these statements.they have collected the following financial position of ABC LTD. ON 1ST JAN,2008 TO 31st dec.2008.
During the year ,Rs52000 was paid as dividends.the provisions for dep. Against machinery on 1st January,2008 were Rs 54000 and on 31st dec.2008,was Rs72000.

A consulting actuary calculated that per an accepted actuarial cost method, the city contribute $225,000 to its firefighters' pension fund for benefits earned in 2011l. However, the city contributed on $170,000,the amount budgeted at start of year.Find the assessing interperiod equity and ensuring budgetary compliance.