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Which is not a transaction type of Public work office grouped under?(a) Expenditure heads(b) Revenue heads(c) Remittance heads(d) Credit headsThis question was posed to me in homework.My question comes from Accounts topic in section P.W.D of Civil Engineering Drawing

Answer»

Right choice is (d) Credit heads

For explanation: The TRANSACTION under each of these groups of heads are further sub-divided for the purpose of accounts. In the case of EXPENDITURE and revenue heads, the MAIN unit of CLASSIFICATION is known as the major HEAD.



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