Question: Answer the Question below with your own words - Written not as a picture please BE13.12 (L02,3) Scorcese A.. is involved in a lawsuit at

Answer the Question below with your own words - Written not as a picture please

Answer the Question below with your own words - Written not as

BE13.12 (L02,3) Scorcese A.. is involved in a lawsuit at Decem- ber 31, 2019. (a) Prepare the December 31 entry assuming it is prob- able that Scorcese will be liable for t900,000 as a result of this suit. (b) Prepare the December 31 entry, if any, assuming it is not probable that Scorcese will be liable for any payment as a result of this suit

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