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A public entity sells steel for use in construction. One of its customers accounts for 43% of sales, and another customer accounts for 40% of
A public entity sells steel for use in construction. One of its customers accounts for 43% of sales, and another customer accounts for 40% of sales. What should the entity disclose in its annual financial statements about these two customers?
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In its annual financial statements the public entity should disclose significant information about its major customers in accordance with accounting s...Get Instant Access to Expert-Tailored Solutions
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