A manufacturing enterprise trading as Going Places $($Pty$)$ Ltd employs mostly the local

population. The company has been awarded a government grant of R$400000$ on $1$ January

$2023$ for its efforts in respect of job creation. This grant was given to Going Places $($Pty$)$ Ltd

to subsidise $20\%$ of future wages. The company had complied with all the conditions laid out

to obtain the grant during the previous financial year $(2022).$ The only condition that

remained on $1$ January $2023$ is to incur future wages.

Required:

Provide the joumal entries in the company's general joumal for the years ended $31$

December $2023$ to $2025,$ assuming that the company's policy is to present such a grant as

grant income.

Dates and journal narrations are required.