Red Co. can estimate the amount of loss that will occur if a foreign government expropriates some of the company's assets in that country. If expropriation is probable, a loss contingency should be:

a. Disclosed but not accued as a liability
b. Disclosed and accued as a liability
c. Accued as a liability but not disclosed
d. Neither accrued as liability nor disclosed

A. Disclosed and accrued as a liability

Explanation: Expropriation is a term used to describe the various processes and steps taken by Government in order to take ownership of private businesses with the aim of using it for the general good of the public.

A loss contingency is the charging of the cost of a probable future negative outcome to the expenses of a company.

WHEN EXPROPRIATION HAS THE PROBABILITY OF TAKING PLACE,A LOSS CONTINGENCY SHOULD BE DISCLOSED AND ACCRUED AS LIABILITY.

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the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.