Home » Accounts (Principles of Accounts) » A government accounting systems must make sure thatA government accounting systems must make sure that A government accounting systems must make sure that A. revenue exceeds expenditure B. all applicable legal provisions are complied with C. capital expenditure is equal to revenue D. capital project fund is tied to recurrent expenditure Correct Answer: Option B Explanation Related Posts Given: Drawings – #3,500 Net loss – #2,500 Capital 1/1/2007 – #35,000 Additional capital -… At the end of trading period, cost of goods sold is debited to the trading… The need for changes in accounting theory in Nigeria was influenced by the? A business is treated as being separated from owners. This statement is emphasized by calculate the sales ledger balance Mark-up on goods sent to branch offices are recorded in the books by creating
