Question
A contingent liability should be recorded in the accounts A.if the amount can be reasonably estimated. B.if the amount is due in cash within one
A contingent liability should be recorded in the accounts
A.if the amount can be reasonably estimated.
B.if the amount is due in cash within one year.
C.if the related future event will probably occur.
D.both b and c.
E.both a and c.
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Cases In Auditing
Authors: Josephine Maltby
2nd Edition
1853963127, 978-1853963124
