1) Acquisition of old assets.
2) Acquisition of assets on concessional rate.
Explain this two questions And Explain the word Acquisition.
write Correct ans I will mark as brainlist to 1st . don't write Anything if u wrote then ans will be reported.
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1
Answer:
Acquisition Means:
an asset or object bought or obtained, typically by a library or museum.
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1
Answer:
AS 12 explains how to account for government grants. It is a basic duty of any government to develop the industries and economy.
Introduction
Meaning of Government Grant
Methods of Accounting for Government Grants
Refund of Government Grants
Disclosure Requirements
Major Differences between Ind AS (IAS) 20 and AS 12
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