Explain why each of the following items would not meet either the definition or the recognition criteria
Question:
(a) A letter from the owner of the business, addressed to the bank manager, promising to guarantee the bank overdraft of the business
(b) A list of the customers of the business
(c) An order received from a customer
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Asset Definition According to IASB framework a present economic resource controlled by the entity as ...View the full answer
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Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
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