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The statement of assets and liabilities in the public sector can be described as the?

Accounts - Principles of Accounts
JAMB 2004

The statement of assets and liabilities in the public sector can be described as the?
  • A. income and expenditure accountof government
  • B. appropriation account of government
  • C. balance sheet of government
  • D. funds flow statement of government
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Correct Answer: Option A
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