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Ask the Tutor ACCA SBR

revenue grants

Former userFormer user5y ago

[Content removed at user request]

stephenwidbergstephenwidbergTutor5y ago#1
If you have to give back money Dr P&L Cr Liability with whatever you have already credited to P&L - could be 1, 2 or 3 years' worth Then Dr Liability Cr Cash to repay
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