Question

features of new government accounting​

Answer 1

★᭄ꦿ᭄Answer★᭄ꦿ᭄

1. Profit And Loss.

Since government is a public institution, its main objective is to maintain law and order in the country.

2. Government Regulations.

3. Double Entry System.

4. Budget Heads.

5. Budgetary Control.

6. Banking Transaction.

7. Auditing.