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Grant

YYin10y ago
Dear Sir, In CF statement Question, Grant b/d 75 c/d 80 Grant income of 55 has beencredited to opreating expenses during the year. Pls let me know how to slove this.
MikeLittleMikeLittleTutor10y ago#1
"brought forward, income statement, carried forward, cash" The Grant account will have these amounts in: Brought forward credit (75) Income statement debit 55 Carry forward debit 80 Cash credit (60) balancing figure Ok?
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