30. On January 1, 2021, Entity A receives a financial aid from the government amounting to PHP 1,000,000 as compensation for losses if has incurred on recent calamity. How much income from government...

30. On January 1, 2021, Entity A receives a financial aid from the government<br>amounting to PHP 1,000,000 as compensation for losses if has incurred on recent<br>calamity. How much income from government grant will Entity A recognize in<br>2021?<br>а. 1,000,000<br>b. 100,000<br>с. 53.334<br>d. 0<br>

Extracted text: 30. On January 1, 2021, Entity A receives a financial aid from the government amounting to PHP 1,000,000 as compensation for losses if has incurred on recent calamity. How much income from government grant will Entity A recognize in 2021? а. 1,000,000 b. 100,000 с. 53.334 d. 0

Jun 09, 2022

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30. On January 1, 2021, Entity A receives a financial aid from the government amounting to PHP 1,000,000 as compensation for losses if has incurred on recent calamity. How much income from government...

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