Question
Contingent liabilities should be recorded in the accounts when: Question 38 options: it is probable that the future event will occur. the amount of the
Contingent liabilities should be recorded in the accounts when: Question 38 options: it is probable that the future event will occur. the amount of the liability can be reasonably estimated. Either A or B, above. Both A and B, above. None of these
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Financial Accounting Cases
Authors: Camillo Lento, Jo-Anne Ryan
3rd Canadian Edition
1119594642, 978-1119594642
