The amount refundable in respect of a grant related to a specific fixed asset should be recorded

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The amount refundable in respect of a grant related to a specific fixed asset should be recorded
A. By reducing general reserve
B. By increasing the book value of the asset
C. By reducing the book value of the asset

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

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Question Posted: Aug 18, 2023 01:33 PM

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The amount refundable in respect of a grant related to a specific fixed asset should be recorded

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

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