Estimated liabilities involve an obligation to pay which of these? (a) An uncertain but reasonably estimated amount

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Estimated liabilities involve an obligation to pay which of these?

(a) An uncertain but reasonably estimated amount owed on a known obligation or

(b) A known amount to a specific entity on an uncertain due date.

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Financial Accounting Information For Decisions

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Authors: John J. Wild

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Question Posted: Jul 19, 2024 10:04 PM

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Estimated liabilities involve an obligation to pay which of these? (a) An uncertain but reasonably estimated amount

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Financial Accounting Information For Decisions

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