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 Audit interview questions  Audit Interview Questions
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 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
Can grants made in stage payments but not yet received be 
accrued as grants receivable?
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
  Re: Can grants made in stage payments but not yet received be accrued as grants receivable?
Answer
# 1
Yes. Grants that have not been received in full can be 
shown under "Grants Receivable" as long as the charity is 
legally entitled to them and the trustees know the actual 
figure they will be receiving.
 
Is This Answer Correct ?    1 Yes 0 No
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