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  4. JAMB 1998
  5. If a monthly insuran...

If a monthly insurance premium is remitted to a company by the state government, the...

Accounts - Principles of Accounts
JAMB 1998
If a monthly insurance premium is remitted to a company by the state government, the initial deductions from employees are recorded in?
  • A. the general fund
  • B. agency fund
  • C. special fund
  • D. general long-term fund
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Correct Answer: Option B
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