Question
A federal grant was received for research. Which is the correct credit? a. Deferred Revenue--U.S. Government grants b. Revenues--U.S. Government grants c. U.S. Government grants
A federal grant was received for research. Which is the correct credit?
| a. | Deferred Revenue--U.S. Government grants |
| b. | Revenues--U.S. Government grants |
| c. | U.S. Government grants refundable |
| d. | Revenues, Temporarily restricted |
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Accounting For Governments From Budget To Audit How Governments Plan Raise Spend And Then Account For Their Use Of Citizens Money In The 21st Century
Authors: Michael Parry, Jesse Hughes
1st Edition
1092763112, 978-1092763110
