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WAEC Financial Accounting 1992 Question 35

Question 35

Public Sector Accounting

As evidence of payment to a government ministry, the revenue collectors issue

  1. A.treasury card
  2. B.receipt voucher card
  3. C.treasury receipt
  4. D.payment voucher
  5. E.stores receipt voucher.
Show the answer and explanation

Answer: C (treasury receipt)

Explanation

Money paid to government is acknowledged with a treasury receipt.