Government grants should normally be accounted on accruals basis. Which of the following grants received would you not account rather on a receipts basis?
A.
A.received in the form of land for a business to re-locate to a deprived area.
B.
B.received to enhance the literacy and communicational ability of staff
C.
received by a charity to operate one of its identified activities
D.
received to make good past losses to keep the business from closure