On the notification that an enterprise will receive a government grant A. Enterprise will do nothing until
Question:
On the notification that an enterprise will receive a government grant
A. Enterprise will do nothing until the cash is received
B. Enterprise will record it on an accrual basis
C. Enterprise will open an ‘Account Receivable’, but the grant will be recorded after cash is received
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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