Balance sheet problem

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 June 2014 what is the head of govt. Subcidy in a balance sheet & please tell me that this amount is added to capital a/c or not?

Guest

Guest (Expert)

09 June 2014 govt subsidy is for capital item or for what purpose

Vishnu Saboo (Expert)
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17 June 2014 if subsidy received for capital items, you must capitalize that item less of subsidy amount.

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