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Brief Exercise 13-10 Culver Inc. is involved in a lawsuit at December 31, 2017 Prepare the December 31 entry assuming it is probable that Culver

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Brief Exercise 13-10 Culver Inc. is involved in a lawsuit at December 31, 2017 Prepare the December 31 entry assuming it is probable that Culver will be liable for $854,900 as a result of this suit. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts, Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit December 31, 2017 SHoW LIST OF A Prepare the December 31 entry, if any, assuming it is not probable that Culver will be liable for any payment as a result of this suit. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit December 31, 2017

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