How should the issues above be dealt with
Problem
On 11 August 20X9, GR8 settled a court case with a former employee, paying them $22,000. At the reporting date, the financial statements included a provision of $15,000 in respect of this case. How should the issues above be dealt with?
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At the reporting date, the financial statements included a provision of $15,000 in respect of this case. How should the issues above be dealt with?
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