The amount refundable in respect of a grant related to revenue should be applied A. First against
Question:
The amount refundable in respect of a grant related to revenue should be applied
A. First against capital profit
B. First against current profit
C. First against unamortised deferred credit
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
C First ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
Question Posted:
Students also viewed these Business questions
-
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...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Mr. Walmart the managing director of Sand Ltd meet your manager. Extracts from the email prepared by your manager (a) Sand Ltd group of companies Sand Ltd has two wholly owned subsidiaries, Dump Ltd...
-
STEELCO manufactures two types of steel (steel 1 and steel 2) at two locations (plant 1 and plant 2). Three resources are needed to manufacture a ton of steel: iron, coal, and blast furnace time. The...
-
Develop a histogram of the time it took for you or your friends to receive six recent orders at a fast-food restaurant.
-
The 2020 comparative balance sheet and income statement of 4 Seasons Supply Corp. follow. 4 Seasons had no non-cash investing and financing transactions during 2020. During the year, there were no...
-
Tacoma Narrows Bridge The percent distribution of the number of occupants in vehicles crossing the Tacoma Narrows Bridge in Washington is shown in the pie chart. Find each probability. (Source:...
-
A solid conducting sphere with radius R carries a positive total charge Q. The sphere is surrounded by an insulating shell with inner radius R and outer radius 2R. The insulating shell has a uniform...
-
During 2001, a corporation recorded sales as follows: Cash sales, $300,000, and credit sales, $150,000. At 12/31/01, before the adjusting entries, Accounts receivable showed a debit balance of...
-
Government grant in the nature of promoters contribution that become refundable A. Should be reduced from the general reserve B. Nshould be reduced from the capital reserve C. Should be charged to...
-
When a government grant is awarded for the purpose of giving immediate financial support to an enterprise A. It should be transferred to capital reserve B. It should be credited to Profit and Loss...
-
The following problems provide more practice on operations with fractions and decimals. Perform the indicated operations. 7-10-(-1) 6
-
From your reading this unit on motivation and change from the TIP series, what is the connection and interplay between these concepts/statements below in your opinion in working with clients facing...
-
Please help with the following The partnership of Bauer, Ohtani, and Souza has elected to cease all operations and liquidate its business property. A balance sheet drawn up at this time shows the...
-
Pacifico Company, a U.S.-based importer of beer and wine, purchased 1,200 cases of Oktoberfest-style beer from a German supplier for 276,000 euros. Relevant U.S. dollar exchange rates for the euro...
-
Define meaning of partnership deed.
-
List down the information contains in the partnership deed.
-
Sarah Jones, the manager of the Teen division of the Eve Clothing Company, was evaluating the acquisition of a new embroidery machine. The budgeted operating income of the Teen division was...
-
Given the table below, about how much force does the rocket engine exert on the 4.0 kg payload? Distance traveled with rocket engine firing (m) Payload final velocity (m/s) 500 320 490 310 1020 450...
-
What methods can be used for selecting and evaluating information systems projects and aligning them with the firm?s business goals? a. Name and describe the groups responsible for the management of...
-
How can firms assess the business value of information systems projects? a. List and describe the major costs and benefits of information systems. b. Distinguish between tangible and intangible...
-
What are the principal risk factors in information systems projects, and how can they be managed? a. Identify and describe each of the principal risk factors in information systems projects. b....
-
assume that we have only two following risk assets (stock 1&2) in the market. stock 1 - E(r) = 20%, std 20% stock 2- E(r) = 10%, std 20% the correlation coefficient between stock 1 and 2 is 0. and...
-
Flexible manufacturing places new demands on the management accounting information system and how performance is evaluated. In response, a company should a. institute practices that reduce switching...
-
Revenue and expense items and components of other comprehensive income can be reported in the statement of shareholders' equity using: U.S. GAAP. IFRS. Both U.S. GAAP and IFRS. Neither U.S. GAAP nor...
Study smarter with the SolutionInn App