Are Grants Received a revenue or an other sources

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  • August 31, 2012 at 12:42 pm #173666
    Givemesleep
    Member

    help

    Reg 11/15/2011 - 80
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    Bec 05/31/2012 - 78
    Far 08/31/2012 - 83 Do you believe in Miracles, YES !!!

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  • August 31, 2012 at 1:02 pm #365371
    rlg5150
    Participant

    I believe it's revenue if not restricted but deferred revenue if restricted. Then you can debit deferred revenue and credit revenues once the money is spent for the intended purpose of the grant.

    FAR - 85
    AUD - 86
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    August 31, 2012 at 1:15 pm #365372
    Givemesleep
    Member

    Thank you my friend, i agree

    Reg 11/15/2011 - 80
    Aud 02/28/2012 - 81
    Bec 05/31/2012 - 78
    Far 08/31/2012 - 83 Do you believe in Miracles, YES !!!

    CPA License received 10/2012 !!
    CFE License received 04/2013 !!
    EA License received

    Givemesleep

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