Can grants made in stage payments but not yet received be
accrued as grants receivable?



Can grants made in stage payments but not yet received be accrued as grants receivable? ..

Answer / guest

Yes. Grants that have not been received in full can be
shown under "Grants Receivable" as long as the charity is
legally entitled to them and the trustees know the actual
figure they will be receiving.

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

why is nifty lower than sensex?

1 Answers   Union Bank,


ACCOUNTING GOALS

1 Answers  


Please do tell me about the questions which are asked at BACS FINAL ROUND.

0 Answers   BA Continnum Solutions, Bank Of America,


I need the diffnation of Gross profit and Net Profit, kindly brief. Thanking U.

3 Answers  


What the difference between DUE & ACCRUAL?

4 Answers  






what is diff between p&l & trading a/c

13 Answers   CA,


I gave cash advance of Rs. 70000 to one our enginner at site. He submitted only bills of 69000. Please tell me, how I can write these transaction in the Day book.

12 Answers  


Short Answer on____________Analysing

1 Answers  


What is the treatment for PRELIMINARY EXPENSES?

27 Answers   Capital IQ, Franklin Templeton,


what is a depository?

0 Answers   Mellon,


what is minority interest

3 Answers   Capital IQ,


we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?

0 Answers   Capital IQ,


Categories