How do we treat grants that are received in advance of the
period when they are to be spent?
Answer Posted / guest
If there is a timing restriction which amounts to a
precondition for the grant's use then treat the grant as
deferred income otherwise treat them as restricted income
funds during the period of enforced retention or if they
are for a specified purpose..
Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code
When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Expand-------ATBN
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
give the examples of Error of Duplication?and Error of compensatin? with entries
how to entery pass in tally when items damage(items insured)and claim to insurance co.
what is the subprime?explain it.
which Electrical items is Exciseible
state and explain THREE types of situation to which accounting concept might be applicable
what is exercise duty how to calculate that and how to update in tally
what is the nature of bill receivable and consignmenta/c
what is ment by master in tally?
Expand-------ACNS
what is the meaning of call in arear