Question: Can I get the accurate solutions to these problems? (In good accounting form.) Thank you. 3. On May 10, 2019, GUAVA Company received a grant

 Can I get the accurate solutions to these problems? (In good

Can I get the accurate solutions to these problems? (In good accounting form.) Thank you.

3. On May 10, 2019, GUAVA Company received a grant of P8,000,000 from 1 point the British Government for the construction of a laboratory and research facility with an estimated cost of P10,000,000 and a useful life of 5 years. The facility was completed in early 2020. How much should GUAVA Company include in its 2020 income statement as income from the government? Your answer 4. MANGO Company acquired 4,000 shares of KIWI Corporation ordinary 1 point shares on April 2, 2020 at a cost of P440,000 to be held for trading. On October 7, 2020, KIWI distributed a 10% ordinary share dividend when the market price of the shares was P125 per share. On December 15, 2020, MANGO sold 400 shares of its KIWI shares for P64,000. For the year ended, December 31, 2020, how much should MANGO report as gain or loss on sale of investment? (If loss, put a negative sign before the numerical answer) * Your

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