Donations & grants

A/c entries 414 views 3 replies

WIll anyone please tell me why we show donations & grants on the liability side though we do not need to repay them?

Replies (3)
It shall be shown as Deffered Govern Grant as per AS -12.

Thank you so much! Have a great day ahead!!

Same to u dear....have beautyfull day ahed...for U...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register