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Posted on Jul 09, 2024

Under a new legislation, Samuel Steel is required to fit smoke filters to its factories by 30 June, 2020. These smoke filter costs USD.300 million.

Under a new legislation, Samuel Steel is required to fit smoke filters to its factories by 30 June, 2020. These smoke filter costs USD.300 million. Smoke filters have not been installed.

Would there be any effect on financial statements for Samuel Steel

at the balance sheet as on 31 Dec. 2019?
at the balance sheet as on 31 Dec. 2020?

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