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mapeerzade
Feb 12, 2014, 10:50 PM
Dear All,

Please help me in following:
We have purchased an assets, but we have paid only 20% and rest of the amount paid by government.
I want to show in assets for the full amount. Can you please advise for the same.

paraclete
Feb 12, 2014, 11:36 PM
you will record the receipt of the grant, probably as other income and record the expenditure in full