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ANSWER BOTH PLEASE!! Contingent Liabilities must have the following criteria (select all that apply) A. The obligation is certain to require payment at some point

ANSWER BOTH PLEASE!! image text in transcribed
Contingent Liabilities must have the following criteria (select all that apply) A. The obligation is certain to require payment at some point in the future. . The obligation will probably require payment at some point in the future. OC The obligation will possibly require payment at some point in the future OD The obligation is estimable. OE None of the above. QUESTION 18 3.33 points Holly, Inc. issued a 3-month note in the amougt of $288 000 on December 1 of this year with an annual rate o 5% What amount of interest has accrued as of December 31 of this year? $950 B . C $1,200 D $3.420 E $3,600 QUESTION 19 3.33 points

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