A deposit by Federal government to a state account is a liability to the state because the federal government is a creditor to the state. A deposit by the state with any financial institution or even federal government is an asset to the state because the financial institution or even the federal government is indebted to the state
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Amen, thank you very much
Thank you very much for your videos we appreciate you
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Thank you so much sir
Glory be to God
This question is from what year past question sir
From ICAN study text
Okay, thank you sir
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Any word of advice for the coming exams sir. I'm taking Fr,Tax and Psaf
Follow up my teaching strictly and make sure you understand every points I have made, your success is guaranteed
What if it is a deficit in the consolidation financial statement, where will it be transferred to?
Same place the profit is taken to . It will be treated as minus
@@Ezikan okay. Thank you sir
A question sir, how is deposit a liability
Deposit by other government entity is a liability because they are creditors to this entiry
A deposit by Federal government to a state account is a liability to the state because the federal government is a creditor to the state.
A deposit by the state with any financial institution or even federal government is an asset to the state because the financial institution or even the federal government is indebted to the state
Please sir can you do a video on ppt and hydrocarbon taxation in advanced taxation
Noted, I will
What chapter is this sir?
Chapter 21
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