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Question One (1)a Revenue recognition, measurement, and disclosures by public sector entities are guided by IPSAS 9. 11, and 23. With reference to these standards,
Question One (1)a Revenue recognition, measurement, and disclosures by public sector entities are guided by IPSAS 9. 11, and 23. With reference to these standards, briefly explain how the following transactions should be recognized and measured in the financial statements a) Academic facility user fees by a public university b) Dividends from government shareholding in GCB c) Revenues arising from value added tax and import duties. d) Debr forgiveness by a multilateral partner e) Volunteer specialist doctors from the United States of America were hosted by the Tamale Teaching Hospital to conduct special surgical operations for the underprivileged for free. The salaries and other allowances of these specialist doctors were paid by the U.S. government
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