Sales day book
Purchases day book
Sales subsidiary book
Cash book
Correct answer is D
No explanation has been provided for this answer.
Cash account
Bank account
Suspense account
Purchases account
Correct answer is B
No explanation has been provided for this answer.
Matching
Consistency
Realization
Going concern
Correct answer is C
No explanation has been provided for this answer.
One of the the differences between bookkeeping and accounting is that the former
Records data while the latter interprets
Is regarded as the language of the business while the latter ascertains its strenght
Interprets data while the latter records it
Summarises information while the latter communicates it
Correct answer is A
No explanation has been provided for this answer.
An instrument which allows public officers to increase expenditure within a year is
Statutory allocation
Supplementary budget
Virement
Warrant
Correct answer is B
Supplementary Budget is the request for additional funds by Ministries and Departments during the course of the year.