Question: Please help provide narrations also answer step by step thanks .This is all the information . Please save or zoom image to understand and read
Please help provide narrations also answer step by step thanks .This is all the information . Please save or zoom image to understand and read .

View Policies Current Attempt in Progress In 2022, Windsor Led. received a grant for V206 million to defray the cost of purchasing research equipment for Its manufacturing facility. The total cost of the equipment is V104 million. Prepare the journal entry to record this transaction if Windsor uses (a] the deferred revenue approach, and (b) the reduction of asset approach (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Enter amounts in full not rounded to millions) No. Account Titles and Explanation Debit Credit (a) (b) e Textbook and Media List of Accounts
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