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help me please thank you 21) On November 5, 2019, Goku Company truck was in an accident with an auto driven by Gohan. Goku received
help me please thank you
21) On November 5, 2019, Goku Company truck was in an accident with an auto driven by Gohan. Goku received notice on January 15, 2020, of a lawsuit for P4,000,000 damages for personal injuries suffered by Gohan. Goku's counsel believes it is probable that Gohan will be awarded an estimated amount in the range between P10,000 and P4,000,000, and no amount is a better estimate of potential liability than any other amount. The accounting year ends on December 31 and the 2019 financial statements were issued on March 31, 2020. What amount of provision should Goku accrue at December 31, 201619 Step by Step Solution
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