Can grants made in stage payments but not yet received be
accrued as grants receivable?

Answer Posted / guest

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 ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how do you prepare the mis reports and prepare the one example report stating your accounts department proforma

1561


what is corporate accounting?

1557


Have you worked with other on team endeavors

1546


what is undisclosed profit? explain

1967


what is futures and options?

1660






Expand-------CAN

1437


WHAT IS B.E.P. CHART

1960


the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.

1539


i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me

1453


I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.

1670


Short Answer on _____________Intangible Assets

1608


Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.

1655


Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company

1695


What is the use of final account?

1400


What is the difference between payable and accrual

1478