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Business, 01.12.2021 01:00 angellinelittle

An insurance company receives a claim in year 2016 that has a high probability for the company to pay damages of $250,000 in year 2017. How should this case impact liabilities and expenses on December 31, 2016

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An insurance company receives a claim in year 2016 that has a high probability for the company to pa...
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