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a government grant that has been revoked or becomes repayable should be treated as revision of an accounting estimate. treated depend in how repayment is made.

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What is a repayment?

a government grant that has been revoked or becomes repayable should be treated as revision of an accounting estimate. treated depend in how repayment is made.


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Working will help you get a non-repayable check. When you are working, you are providing services that an employee will pay you for.


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Non current liability


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The correct account classification for a loan from your brother, which is repayable in 6 months, is a liability. Specifically, it is classified as a current liability since it is expected to be settled within one year. This type of loan represents an obligation to repay, affecting your financial position.


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Who was the union general won at the Battle of Vicksburg?

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