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PUBLIC SECTOR ACCOUNTING (Malaysia) Referring to MPSAS 9 and MPSAS 23, explain the meaning of exchange and non-exchange transactions and state the difference in accounting

PUBLIC SECTOR ACCOUNTING (Malaysia)

Referring to MPSAS 9 and MPSAS 23, explain the meaning of exchange and non-exchange transactions and state the difference in accounting treatment between the revenue of exchange transactions and the revenue of non-exchange transactions. (10 marks)

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