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A contingent liability should be recorded in the accounts A contingent liability should be recorded in the accounts OA. if the amount can be reasonably
A contingent liability should be recorded in the accounts
A contingent liability should be recorded in the accounts OA. if the amount can be reasonably estimated. OB. if the amount is due in cash within one year. O C. if the related future event will probably occur. OD. both b and c. O E. both a and cStep by Step Solution
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Property Companies An Industry Accounting And Auditing Guide
Authors: Accountancy Books
1st Edition
1853558079, 978-1853558078
