Question
i. Explain the accounting treatment for the following in line with the provision IPSAS a. Assets received by the Government of Ghana as a gift
i. Explain the accounting treatment for the following in line with the provision IPSAS a. Assets received by the Government of Ghana as a gift from the USA Government in the fight against COVID-19
b. Intelligence support provided by the USA government in the prevention of terrorism in Ghana
c. The payment of dividend by Ghana Commercial Bank (a bank with Government as majority shareholder) ii. Compare and contrast the following terms as used in public sector accounting
a. Cash Basis of Accounting and Accrual Basis of Accounting
b. Appropriation Accounting and commitment accounting
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