The basis of accounting for public sector is
...The basis of accounting for public sector is
Accrual basis
Cost basis
Revenue basis
Cash basis
Correct answer is D
This is the basis for recording in government accounting where revenue are recorded when cash is received.
Using the following information to answer the given question \(\begin{array}{c|c} Post & Gr...
Trade creditors personal accounts are found in the ...
A credit purchase of N200 from Osae was posted to the account of Osei. This is an error of ...
Public sector accounting is practiced in ...
Final accounts of a not-for-profit making organization is made up of ...
How much did Olu sell goods bought at N1,000 if he sells at a margin of 20% on selling price? ...