|Posted: 15 Aug 2008 at 15:15 | IP Logged
I am using Becker 08.They have a paskey for when govt should recognize revenue.It says Reciveid =(Revenue) for Imposed taxes ie Income tax/ Sales Tax .The answer has to be (d)
What do you mean when exchange occurs these are all non-exchange govt transactions .Thats a mislead.I would go with (d).
My exam is on 27th,one more week before I take the bull or the bull takes me.LOL
Thanks and Regards