Donations & grants

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223 Points Posted on 07 April 2014

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

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On 07 April 2014 at 22:46 Report
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Keen to learn something new every moment
2588 Points Posted on 07 April 2014
It shall be shown as Deffered Govern Grant as per AS -12.
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On 07 April 2014 at 23:52
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223 Points Posted on 08 April 2014

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

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On 08 April 2014 at 13:52
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Keen to learn something new every moment
2588 Points Posted on 08 April 2014
Same to u dear....have beautyfull day ahed...for U...
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On 08 April 2014 at 13:53

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