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



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

Answer / 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

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