14.

Which of the following events requires adjustment to the financial statements for the year ended December 31, Year 1?

	A.	Sale of a major bond issue in January Year 2.
	B.	Loss of inventory due to an earthquake in January Year 2.
	C.	Loss on an accounts receivable as the result of a customer suffering a major loss from a flood in January Year 2.
	D.	Loss on an accounts receivable as the result of a customer suffering a deteriorating financial condition that led to bankruptcy filing in January Year 2.