From the List of Accounts Below Determine Which Ones Are

question 3

Essay

From the list of accounts below determine which ones are the following:
A) Contractual Amounts
B) Contingent Amounts
C) Amounts determined by operating activities
Required:
Write the appropriate letter for the accounts listed below.

• A) Contractual Amounts
• B) Contingent Amounts
• C) Amounts determined by operating activities Required: Write the appropriate letter for the accounts listed below.

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Definitions:

Universally Accepted

Widely or globally acknowledged or agreed upon by everyone or nearly everyone.