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Estimating debts

If the exact amount of a debt is not known, the committee reports an estimated amount. The committee must either amend the report (and all subsequent reports) to indicate the correct amount, once a correct figure is known, or include the correct figure, along with an explanation of the change, in the report for the reporting period during which the amount is determined.

Learn more about reporting debt

Guidance relating to estimated debts is provided at the end of the Debts owed by the committee reporting example: