Skill hardware is the plaintiff in a $16 million lawsuit filed against a supplier. the litigation is in final appeal and legal counsel advises that it is virtually certain that skill will win the lawsuit and be awarded $12 million. how should skill account for this event? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) the contingency is accrued. unchecked the contingency is not accrued. unanswered this is a gain contingency. unanswered this is a loss contingency. unanswered it is probable that the confirming event will occur. unanswered the contingency can be reasonably estimated. unanswered a disclosure note should describe the contingency. unanswered none of these

What is the best definition of a conclusion?

Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31