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    mapeerzade's Avatar
    mapeerzade Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 12, 2014, 10:50 PM
    Group and head for government grant
    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's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
     
    #2

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

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