Fixed asset purchase out of govt grant
This query is : Resolved
21 February 2014
Dear All,
Please guide me what is the accounting treatment in case of purchase of Fixed Asset (Depreciable) out of Govt Grant.
Please guide me what is the accounting treatment in case of purchase of Fixed Asset (Depreciable) out of Govt Grant.
21 February 2014
refer Para 8 of AS -12 https://220.227.161.86/27278asb-as-12.pdf
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