Question
Starbucks being sued for $5m over the amount of ice in iced drinks. What is the appropriate accounting treatment of the lawsuit in Starbucks' financial
Starbucks being sued for $5m over the amount of ice in iced drinks.
What is the appropriate accounting treatment of the lawsuit in Starbucks' financial statements? Should Starbucks recognize a liability, disclose a contingent liability or do nothing about it?
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Petroleum Accounting: Principles, Procedures; And Issues
Authors: Dennis Jennings, John Brady, Rich Shappard, Craig Friou
8th Edition
0940966328, 978-0940966321
