September 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Grant for Revenue expenditure

This topic has 3 replies, 2 voices, and was last updated 4 years ago by Stephen Widberg.

Viewing 4 posts - 1 through 4 (of 4 total)

Author
Posts
March 5, 2021 at 8:09 pm #613632
aadil1234
Member
- Topics: 75
- Replies: 104
Sir if Grant is for revenue expenditure than should we record a liablity in the form of deffered income?
March 6, 2021 at 8:28 am #613697
Stephen Widberg
Keymaster
- Topics: 16
- Replies: 3427
Deferred income is fine. Important thing in the exam is that you use the words RECOGNISE LIABILITY.
March 7, 2021 at 6:26 am #613820
aadil1234
Member
- Topics: 75
- Replies: 104
Thank you sir 🙂
March 7, 2021 at 1:39 pm #613854
Stephen Widberg
Keymaster
- Topics: 16
- Replies: 3427
🙂
Author
Posts

Viewing 4 posts - 1 through 4 (of 4 total)

The topic ‘Grant for Revenue expenditure’ is closed to new replies.