Question: Entity X acquired Entity Y , which is a material business combination, during the reporting period. Among other assets acquired, accounts receivable amounts provisionally recognized

Entity X acquired Entity Y

,

which is a material business combination, during the reporting period. Among other assets acquired, accounts receivable amounts provisionally recognized at fair value were

2, 500 .

What additional information is Entity X required to disclose?

Entity X must disclose that the fair value of the accounts receivable was determined provisionally

All responses are correct

Entity X must disclose the entity's best estimate of the gross contractual amounts owed by customers that it does not expect to collect

Entity X must disclose the gross contractual amounts owed by customers

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