Advise the accountant if a liability exists

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Question - At year-end, the executives awarded a bonus of $8 000 to their marketing manager for his outstanding performance during the year. However, due to cash constraints the bonus was not to be paid. Advise the accountant if a liability exists.

Reference no: EM133072850

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Advise the accountant if a liability exists : At year-end, the executives awarded a bonus of $8 000 to their marketing manager for his outstanding performance. Advise the accountant if a liability exists
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