Accounts > 2018 > 49

WASSCE


Le
Ordinary share capital 70 000
Retained earnings 31 142
Motor vehicle at cost 21 136
Accumulated depreciation
motor vehicle 7 109
Furniture and fittings at cost 1 334
Accumulated depreciation-
Furniture and fittings 1 007
Stock 32 200
Debtors 49 380
Bank 15 953
Creditors 11 329



The authority to incur expenditure in the public sector is

A.
warrant
B.
vote
C.
budget
D.
voucher

Answer: B

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