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Provision for warranty - 42,000 Provision for warranty includes P20,000 estimated to be incurred beyond one year. How much will be the current liability? Instrucions.
Provision for warranty - 42,000 Provision for warranty includes P20,000 estimated to be incurred beyond one year. How much will be the current liability?
Instrucions. Peovided below is the trial balance of Kagura Carparation at December 31, 2021. Tr a workshe PASI a. Bank loans and other loans are repayable beyond one year. b. P 300,000 of the debentures is repayable within one year. c. Lease liabilities include P125,000 repayable within one year. d. Provision for employment benefits includes P192,000 payable within one year. e. The planned restructuring is intended to be completed within one year. f. Provision for warranty inchudes P20,000 estimated to be incurred beyond one yearStep by Step Solution
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