A. taxes to government
B. dividends to shareholder
C. interest on loans
D. premium on insurance
Correct Answer:
Option A – taxes to government
Explanation
These are receipts from individual’s income taxes, corporate income taxes, gift and estate taxes.
Management Accounting And Functions
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Basic Accounting Conventions
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Qualities And Objectives Of Financial Accounting
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Basic Accounting Conventions
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Budgeting Process in Nigerian Education
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