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it was estimated that the fair value of the potential liability at 1 may 20x2(acquisition date) was 500,000.

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it was estimated that the fair value of the potential liability at 1 may 20x2(acquisition date) was 500,000.

. the case was eventually settled out of court for 800,000 in december 20x2 (reporting date). how to account for this in consolidated statement of financial position?

July 27th 2019 AN ACCA USER

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