A company running educational programs receives education setan equipment at no cost from Government; under government grant

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A company running educational programs receives education set—an equipment at no cost from Government; under government grant it does not has active market value, it should be initially recognized at

(a) Money spent by government

(b) Active market value of similar item

(c) Nominal value

(d) None of these

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 16, 2023 11:18 PM

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A company running educational programs receives education setan equipment at no cost from Government; under government grant

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Financial Accounting

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