Govt GrantsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Govt GrantsThis topic has 3 replies, 2 voices, and was last updated 9 years ago by MikeLittle.Viewing 4 posts - 1 through 4 (of 4 total) AuthorPosts April 25, 2015 at 2:45 pm #242661 mansoorParticipantTopics: 424Replies: 542☆☆☆☆Revenue grants: these can be presented as a credit in the sopl.what wd be the double entry for this?i am assuming that when u get the grant, you willDr Bank Cr Deferred Incomebut then how is the credit made to the sopl?thanks April 25, 2015 at 5:50 pm #242675 MikeLittleKeymasterTopics: 27Replies: 23137☆☆☆☆☆Could it be something like:Dr Deferred Income Cr Profit or Loss??? April 25, 2015 at 8:06 pm #242710 mansoorParticipantTopics: 424Replies: 542☆☆☆☆oh… thanks April 25, 2015 at 8:17 pm #242713 MikeLittleKeymasterTopics: 27Replies: 23137☆☆☆☆☆You’re welcomeAuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In