Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. why are liabilities recognized even when they are

Why are liabilities recognized even when they are uncertain?

60.1K

Verified Solution

Question

Accounting

Why are liabilities recognized even when they are uncertain?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

CHAPTER 2-4 Exercise 2.24 In this exercise, we examine the effect of combining investments with positively correlated risks,...

Psychology
1.2K views

How do mood, emotion, positive affectivity (PA) and negative affectivity (NA) relate to job satisfaction? What...

Basic Math
1.2K views

6. A and B are playing a short game of ping pong where A serves 3...

Basic Math
1.2K views

is thrown vertically upward from the top of the building 448 feet tall with an...

Basic Math
1.2K views

Use only the commutative property of multiplication to rewrite the expression - 12(-15) andthen simplify.(Hint:...

Calculus
1.2K views

If r x logs 2x 3x 1 find r x Select the correct answer below...

Algebra
1.2K views

AlgebraI = a(t)^2 [dx^2 + dy^2 + dz^2] - c^2 dt^2For this metric, compute the...

Accounting
1.2K views

Safari Equipment Company has several divisions that are investment centers. Data for the Boat Division...

Accounting
1.2K views

Listed below are several amounts from the accounting records of Charmin, Inc. at December 31....

Accounting
1.2K views

pare a post-closing trial balance. Grouper Company Post-Closing Trial Balance June 30,2022 Debit Cash $...

Accounting
1.2K views

Please help me with the payroll calculations for the table below: Payroll Register for the...

Accounting
1.2K views

Journalize the following transactions of Baltic Inc., which ends its accounting year on November 30...