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An American company has contingent debt that is probable. The debt estimate ranges from $ 200,000 to $ 1,000,000. No quantity in the range is

An American company has contingent debt that is probable. The debt estimate ranges from $ 200,000 to $ 1,000,000. No quantity in the range is considered more likely than the others.

to. The company will present a contingent debt of $ 200,000 b. The company will present a contingent debt of $ 1,000,000 c. The company will present a contingent debt of $ 600,000 d. The company will only disclose the contingency.

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