PSA&F – Nov 2019 – L2 – Q4a – Government Revenue

Prepare a revenue collector’s cashbook for the month of August 2019 using provided data.

Question

Mr. Dokun, a revenue collector in the High Court of Okoko State, submitted the following information for the month of August 2019:

Date	Payer	Reasons for Payment	Amount (N)
5/8/19	Mr. Okon	Registration of contractor	50,000
14/8/19	Mr. Ahmed	Court fine	135,000
16/8/19	Mr. Charles	Declaration of age	1,000
20/8/19	Mr. Bako	Court fine	500,000
26/8/19	Mrs. Ogun	Registration of contractor	50,000

The money collected under this Revenue Head 300 has the following sub-heads:

Declaration of Age: 002
Court Fine: 005
Registration of Contractor: 115

All payments were made through a designated bank with bank tellers provided by the payers. The revenue collector transferred all the takings to the main cashier on August 29, 2019, and received Treasury receipt number AA12356.

Required:
Write up the revenue collector’s cashbook as at August 31, 2019.

Answer

Revenue Collector’s Cashbook for August 2019:

Tags: Cashbook, Government Receipts, Public Sector Accountability, Revenue Collection
Level: Level 2

Topic: Government Revenue
Series: NOV 2019

Uploader: Kofi