In public sector accounting, salaries of employees are cl...
In public sector accounting, salaries of employees are classified as
Capital expenditure
Capital receipt
Recurrent expenditure
Recurrent receipt
Correct answer is C
No explanation has been provided for this answer.
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
The loss made by a non-trading organization is called ...
An account is said to have a debit balance because ...
\(\begin{array}{c|c} & D\\ \hline \text{Purchase of raw materials} & 236,500\\ \text{Returns...
Errors in the ledger can be corrected through ...
Which of the following errors will affect the totals of a trial balance? ...