LACK OF SYMMETRY BETWEEN A CONTINGENT ASSET AND A CONTINGENT LIABILITY Jackshire Ltd filed a lawsuit against Bormire Ltd for compensation of $23 million after Bormire failed to deliver goods on time. At the end of the financial year the outcome of the hearing is unknown. The lawyer is of the opinion that there is a 40% chance that Bormire Ltd will be found liable for the damages. Required Discuss how this court case should be recorded by Bormire Ltd and Jackshire Ltd.