Hi sir,
1)Can we recongise a total of $150,000 financial liability and amortise over 3 years?in the answer they stated we must recognise a pv of the liability.And what are the double entry for the financial liability?
Thank you..:)
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june 2014,minco-qn3b
If I remember Minco part B was about a tennis player
So I think you must mean a different question
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