StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Grants Related to Income - Essay Example

Cite this document
Summary
In the paper “Grants Related to Income,” the author discusses grants associated with income. Receiving the grant to educate its students is sometimes represented as a credit in the income and expenditure statement. Such grants can be shown either individually or under a sub-heading…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.2% of users find it useful
Grants Related to Income
Read Text Preview

Extract of sample "Grants Related to Income"

This explanation proposes to standardize accounting patterns amongst real estate creators for sales of units, like apartments or houses, 'off-plan', that is prior to construction being completed. As of now, real estate creators adopt the option of either to record the revenue only after they have actually handed over the finished unit to the buyer or before, as construction progresses, by referring to the stage of finishing construction of the development. The understanding suggests that revenue should be entered as construction builds up only if the creator is rendering construction services, and not only selling goods (for example completed real estate units).

It also suggests features that suggest that the vendor is giving construction services.The accounting treatment would not have been different even if there was a rent guarantee on only some of the flats.Issue 3:It is essential that particulars of all monies received either as advance or otherwise are identified and properly recorded so that collections on or before the due date becomes easier. Also if a refund takes place then the company has to record it as and when it takes place.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Grants Related to Income Essay Example | Topics and Well Written Essays - 750 words, n.d.)
Grants Related to Income Essay Example | Topics and Well Written Essays - 750 words. https://studentshare.org/finance-accounting/1505602-financial-accounting-college-assignment
(Grants Related to Income Essay Example | Topics and Well Written Essays - 750 Words)
Grants Related to Income Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/finance-accounting/1505602-financial-accounting-college-assignment.
“Grants Related to Income Essay Example | Topics and Well Written Essays - 750 Words”. https://studentshare.org/finance-accounting/1505602-financial-accounting-college-assignment.
  • Cited: 0 times

CHECK THESE SAMPLES OF Grants Related to Income

National Changes In Tuition Fees And Funding 2006

income of 17,500 or less attract the maximum grant partial grants are awarded to families with income of between 17,500-37,425.... amilies with income above the upper limit of 31,425 are given no grant.... This is towards helping the students in course-related cost and are not expected to pay back.... rant such as the LA grants for living cost exists with a new 2,700 non-payable but means tested grant available to students....
4 Pages (1000 words) Essay

Managing Property Businesses

The author examines the relocation of a business which can be defined as the movement from one location to another.... The main reasons for changing location are workforce issues, the desire to reach new markets, the need to upgrade facilities, and considerations about quality of life.... nbsp; … We must allow plenty of time for the application process and don't embark upon our project before our application has been agreed....
6 Pages (1500 words) Term Paper

Grant Proposal Outcomes

The paper "Grant Proposal Outcomes" discusses that a broad base of interviews can provide non-profits with a wealth of useful information: anecdotal quotes for funders or the media; valid ideas for new projects or ways of implementing current projects.... hellip; The program director combines and synthesizes the data for six months....
18 Pages (4500 words) Assignment

How to get a Grant up and Running

Another plan for implanting experimental medical monitoring chips within the bodies of underage Air Force officers was also turned down when ethical and privacy related questions came into play.... The grants Committee has obtained funds for studies, research undertakings and the implementation of pilot projects that can show their value towards preventing underage drinking in the Air Force.... The organization had been waiting for these funds to be released so that they… It has already been established that this problem could have disastrous consequences and we must do all we can to solve this Press Release grants Committee looking to distribute funds for prevention of Underage Drinking in the Air ForceThe grants Committee has obtained funds for studies, research undertakings and the implementation of pilot projects that can show their value towards preventing underage drinking in the Air Force....
2 Pages (500 words) Essay

Licensed Professional Counselor in Healthcare

In fact government is aiding these research works with funds and grants since substance abuse and mental health problems are increasing day by day in America.... As in the case of other researches, an LPC should submit a research proposal for the consideration of the concerning agency for the allotment of grants.... Once the agency is convinced about the scope and utility of the proposed research, it will aid the researcher with grants....
5 Pages (1250 words) Research Paper

Generally Accepted Accounting Principles

Generally accepted accounting principles, (GAAP) refers to a common set of accounting principles, standards and procedures that all companies and public organizations use to prepare and standardize the reporting of financial statements, such as balance sheets, income statements… GAAP defines the common accounting procedures that accountants use to record and present accounting information (Wilder & Mauldin, 1999)....
4 Pages (1000 words) Research Paper

Foundation Grants and Guaranteed Tax Base Grants in Education Finance

or the flypaper effect, it can be defined as a result that comes up when a dollar of grants-in-aids that are exogenous which lead to public spending that is significantly great as compared to a citizen dollar income.... Explain how and why the Tiebout model implies that people will sort into relatively homogenous communities based on income or some other characteristic.... This implies that members of the community will be segregated by class, race, income, and so on....
2 Pages (500 words) Essay

Forms of Funding Available to Career in Arts

The funds that they need in many cases are related to tuition fees, accommodation, and other expenses.... Government and local authority grants are usually provided to those in need, individuals, and organizations, freely and without the need for the refund after submission of applications.... Once the applications have been submitted, various criteria may be applied in selecting those who qualify for the grants....
6 Pages (1500 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us