General Engineering Ltd receives a government grant for 60,000 towards employee training costs to be incurred evenly

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General Engineering Ltd receives a government grant for £60,000 towards employee training costs to be incurred evenly over the next three years. Explain how this transaction will be reported in the financial statements?

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Financial and Management Accounting

ISBN: 978-1292086590

7th edition

Authors: Pauline Weetman

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Question Posted: Jan 25, 2018 01:30 AM

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General Engineering Ltd receives a government grant for 60,000 towards employee training costs to be incurred evenly

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Government grant International Accounting Standard 20 Accounting f...View the full answer

Financial and Management Accounting

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