Examlex
Which of the following items are reconciling items on the bank side of the reconciliation?
Tax Revenue
The income gained by the government through taxation, which is then used to fund public services and governmental functions.
Budget
An estimate of income and expenditure for a set period of time.
Government Spending
Financial expenditures by the government to influence a nation's economy, including investments in public services and infrastructure.
Taxation
The process by which a government collects money from individuals and businesses to fund public services and infrastructure.
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