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Busy Deliveries Ltd expects to incur major maintenance costs in 20X1. Busy Deliveries should: Group of answer choices Disclose the maintenance costs as a contingent

Busy Deliveries Ltd expects to incur major maintenance costs in 20X1. Busy Deliveries should:

Group of answer choices

Disclose the maintenance costs as a contingent liability at the end of 20X0.

Not recognise the maintenance costs in 20X0.

Recognise the maintenance costs as an expense in 20X0

Recognise the maintenance costs as Prepayments.

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