Areporting entity has been involved with the following transactions and events: A- The entity acquired some and at a cost of $1 million. However, after acquiring the land it became known that the land was highly contaminated and was very unlikely to be usable or be able to be sold B-A satisfied long term customer decided to give the organization a delivery truck for free. The organization expects to use the truck within the business C-The organization has been given the right by the local government to use a nearby her to transport some of its products to nearby markets For each case bore determine whether the company should recome an asset based on the detition of the Conceptual Framework and the recognition criteria Areporting entity has been involved with the following transactions and events: A- The entity acquired some and at a cost of $1 million. However, after acquiring the land it became known that the land was highly contaminated and was very unlikely to be usable or be able to be sold B-A satisfied long term customer decided to give the organization a delivery truck for free. The organization expects to use the truck within the business C-The organization has been given the right by the local government to use a nearby her to transport some of its products to nearby markets For each case bore determine whether the company should recome an asset based on the detition of the Conceptual Framework and the recognition criteria