The allocation of funds from treasury to accounting heads...
The allocation of funds from treasury to accounting heads in public sector is
Float
Vote
Virement
Budget
Correct answer is B
When fund is allocated to a head, it is referred to as vote. Vote is the amount for individual items on a government budget.
Industry ltd, issued 100,000 shares at ₦1 each out of its Authorized share capital of ₦200,000 a...
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\(\begin{array}{c|c} July & 1 & \text{cash in hand, N420, Cash at Bank} & N6,500 \\ &...
The branch current account records ...
The accounting entries for goods stolen in branch will be to debit ...