Question
Can someone help me figure out how to report these situations? The likelyhood of a payment occuring is probable, and the estimated amount is $120,000.
Can someone help me figure out how to report these situations?
The likelyhood of a payment occuring is probable, and the estimated amount is $120,000.
The likelyhood of a payment occuring is probable, and the amount is estimated to be in the range of $100,000 to $150,000.
The likelihood of a payment occuring is reasonably possible, and the estimated amount is $120,000.
The likelihood of a payment occuring is remote, while the estimated potential amount is $120,000.
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
