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Discuss in detail the accounting treatment

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Question - During the year ended 31 December 2020, an employee of Sate Bhd was injured while performing his job. The employees had taken legal action and claimed for damages for RM400,000. The lawyer of Sate Bhd is confident that the company will be held liable butthe amount payable is questionable.

Required - Discuss in detail the accounting treatment of the above scenario in accordance to MFRS 137.

Reference no: EM132883527

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