Grant Accounting for Asset
This query is : Resolved
15 March 2023
Dear Team
Can anyone tell about rules and regulation and also Accounting treatment for Capital grant received from any Private corporate/ Individual/Trust?
Can anyone tell about rules and regulation and also Accounting treatment for Capital grant received from any Private corporate/ Individual/Trust?
15 March 2023
Capital grants can be adjusted against capital asset or kept under liability and adjusted against depreciation every year.
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