A classic example of contingent assets

Company B received a notice from the court on June 5438+065438+1 October1day, 2005, and Company A brought a lawsuit to the court, suing a software used by Company B for infringing its patent right and demanding that Company B pay a one-time royalty of RMB100000 yuan. By June 65438+February 3, 20071day, the court had not yet made a judgment. Because the software used by Company B was provided by Company C, Company B took Company C to court. If it wins the case, it can basically be determined that it will receive compensation of 8 million yuan from Company C. The income tax rate is 25%.

(1) If Company B estimates that the possibility of losing the case of Company A is 60%, it can basically be determined that it will receive compensation of 8 million from Company C and make relevant accounting entries.

(2) If Company B can determine that the probability of losing the lawsuit against Company A is 60% on the balance sheet date, but can't determine the compensation amount for Company A, should the compensation basically be determined from Company C at this time?

(3) If Company B can't determine the possibility of losing the lawsuit against Company A on the balance sheet date, it is estimated that the possibility of losing the lawsuit in June 5438+ 10, 2008 is 80%, and it can basically be determined that the compensation received from Company C is 8 million, and corresponding accounting treatment will be made.