Which of the following is not a revenue to a local govern...
Which of the following is not a revenue to a local government?
Fines
Licenses
Personal income tax
Tenement rates
Correct answer is C
State and local governments collect tax revenues from three primary sources: income, sales, and property taxes. Income and sales taxes make up the majority of combined state tax revenue, while property taxes are the largest source of tax revenue for local governments, including school districts.
Use the following information to answer the question \(\begin{array}{c|c} \text{Unpresented che...
In order to make the cash book balance equal to the bank statement, it is usual to add? ...
In the head office ledger, the value of goods sent to the branch are ...
Given: Liabilities..............N23,700 Current assets...........N20,300 Fixed assets...............