Question: $ 2 5 0 , 0 0 0 Question If a company is being sued for $ 1 , 0 0 0 , 0 0

$250,000 Question
If a company is being sued for
$1,000,000 but is not likely to
lose, what is the appropriate
treatment?
Record note disc.
Do nothing
Record provision
Pay the money
$250,000 Question If a company is being sued for $1,000,000 but

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