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.
Ask the Tutor ACCA FR
Grant
"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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