Question: While providing services to Eagle Corp. Bobcat Inc. caused damages of $ 1 2 5 , 0 0 0 . As of the end of
While providing services to Eagle Corp. Bobcat Inc. caused damages of $ As of the end of the year, both parties agree that it is probable that Bobcat Inc. will pay Eagle Corp. the full amount of the damages within the next two months. How would Eagle Corp. and Bobcat Inc. report the lawsuit at the end of the year?
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