Can I get help with this question? I will be you a thumbs up!

Basically the question is asking to record any adjusting entry using situation (1)

1. During the year 2019 , the Munro Corporation was named as a defendant in a suit for damapes by the Disco Company for breach of contract An atiene decinien to the Minra Caporition was $1,750,000 damaget is reatonably posible- font line of the Acoourts column if an adjusting entry is not needed and leave al other inpet fields blank.) Fecin by recording asiy asyeting entry roquired by situation 1