Question
Question three: (20 marks) Write the accounting entries according to what is required for each of the following cases 1- On 2/3/2019, the Ministry of
Question three: (20 marks) Write the accounting entries according to what is required for each of the following cases
1- On 2/3/2019, the Ministry of Health received a grant in the amount of 1,000,000 from the World Health Organization to establish a hospital, the cost of the project amounted to an amount of 900,000 on 2/9/2019, the project was completed and the donor requested the difference, noting that the Ministry of Health is the cash basis
What is required is to write the entries on the specified dates
2- The balance of the general revenue account, amounting to 10,000,000, has been transferred to the general treasury, and the Central Bank has been notified of that
What is required is to write the entries in the records of the general revenue department and in the records of the treasury department
3- On 3/29/2020, the money bought - the Ministry of Agriculture bought a car for 25,000, and on 10/31 it sold the car for 20,000 dinars.
It is required to record the records of the previous operation in the books of the allocated funds (-Ministry of Agriculture) and in the books of the fixed assets group
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