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Tamarisk's Steelers Inc. (MSO) is a steel manufacturing company located in Ontario. On November 1, 2018. MSI acquired land on which it constructed a facility

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Tamarisk's Steelers Inc. (MSO) is a steel manufacturing company located in Ontario. On November 1, 2018. MSI acquired land on which it constructed a facility for steel manufacturing purposes. Since its manufacturing process produces excessive waste, the government of Ontario has imposed a requirement for MSI to clean up property. As part of its agreement with the province of Ontario, MSI is allowed to operate on this site for only 15 years after which time MSI estimates it will need to incur $2,300,000 to clean up the site The company's discount rates and Streports under IFRS with a December 31 year-end. What adjusting journal entry should MSi make to initially recognize the ARO under IFRS? (Round answer to decimal 5.275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit November 1, 2018 List of Accounts What are the journal entries to record styear Round answer to decimal places.es 5275.Credit account titre automatically indented when the amount is entered Do not indent manually. Une entry is required select "No Entry for the account titles and enter for the amounts

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