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Into this account shall be paid all revenue collected by the government of the Federation except the proceeds from the personal income tax of the. C Debit balance in Profit and loss account accumulated balance d Total 4a 4b 4c 5 Total application of funds 1e 2c 3e 4d No Account Case.

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In a case where regular books of account of business or profession are not maintained furnish the following information as on 31st day of March 2020 in respect of business or profession.

. Government Statutory Financial Statements and Schedules 81 The Federation Account According to Section 1621 of the 1999 constitution the federation account is a special account required to be maintained by the Federation of Nigeria.

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