A contingent liability that is likely and can be reasonably estimated should be: accrued with a...
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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. 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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Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Posted Date:
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