Question: Prepare the December 3 1 entry assuming it is probable that Oriole will be liable for $ 8 9 4 , 4 0 0 as

Prepare the December 31 entry assuming it is probable that Oriole will be liable for $894,400 as a result of
this suit. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit
account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries
before credit entries.)Prepare the December 31 entry, if any, assuming it is not probable that Oriole will be liable for any payme
as a result of this suit. (If no entry is required, select "No Entry" for the account titles and enter O for the amount
Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit
entries before credit entries.)
Date
Account Titles and Explanation
Debit
December
31,2025
eTextbook and Media
List of Accounts
 Prepare the December 31 entry assuming it is probable that Oriole

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