on july 2018, neha received a $2m grant towards a new plant which will last 5 years. the grant must be repaid if neha sells the asset within 4 years. neha uses the deferred income method in relation to capital grants. what amoynt will be shown in the non current liabilities as at 31 december 2018

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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on july 2018, neha received a $2m grant towards a new plant which will last 5 years. the grant must be repaid if neha sells
the asset within 4 years. neha uses the deferred income method in relation to capital grants. what amoynt will be shown
in the non current liabilities as at 31 december 2018
Transcribed Image Text:on july 2018, neha received a $2m grant towards a new plant which will last 5 years. the grant must be repaid if neha sells the asset within 4 years. neha uses the deferred income method in relation to capital grants. what amoynt will be shown in the non current liabilities as at 31 december 2018
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