The amount refundable in respect of a grant related to a specific fixed asset should be recorded
Question:
The amount refundable in respect of a grant related to a specific fixed asset should be recorded
A. By reducing general reserve
B. By increasing the book value of the asset
C. By reducing the book value of the asset
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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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