Question: 5 4 . Jimmy s Juniper Showcase has decided to account for the $ 5 0 0 , 0 0 0 ERC it received in

54. Jimmys Juniper Showcase has decided to account for the $500,000 ERC it received in 2024 under the IAS 20 rules. Where should Jimmy present the ERC on its statement of income:A.As a reduction to payroll tax expenseB. As other income onlyC. As a reduction to payroll expense onlyD. As either other income or a reduction to payroll expense

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