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tell me crt answers plzzz fastly.... A contingent liability that is likely and can be reasonably estimated should be: accrued with a journal entry. ignored

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tell me crt answers plzzz fastly....

A contingent liability that is likely and can be reasonably estimated should be: accrued with a journal entry. ignored until the liability materializes. either disclosed in a note or accrued with a journal entry: disclosed in a note to the financial statements

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