The authority to incur expenditure to address natural dis...
The authority to incur expenditure to address natural disaster is contained in
Contingency warrant
Supplementary general warrant
Reserved expenditure warrant
Virement warrant
Correct answer is A
Contingency warrant gives authority to the accountant general to release fund for urgent and unforeseen events. It is used when virement is not possible and there is an urgent need for the fund, which cannot be postponed.
\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\ &a...
Use the following information to answer the question \(\begin{array}{c|c} & Ade & Bola\\ &a...
On the 30/5/93 Tolu & Co. paid 2 years rent of N50,000 which was debited to the rent account.&nb...
GH⊄ Sales 200000 Purchase 170000 ...
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...