chat GPT Fit Width = 26m ago + ORT EXERCISES LO5 SE9-1. Continuous 0 8 my Assignments with the logo in the margin are available in Business Course. See the Preface of the book for details. ridge Business Publishers [] C All Book 323 Contingent Liabilities The CEO of Los Altos, Inc., negotiated with its principal supplier of raw materials to purchase 10,000 units for a total price of $100,000. The units are to be delivered in 90 Chapter 9 Liabilities days. The CEO is uncertain whether she should record the purchase commitment on the company's balance sheet as a liability or not. She asks for your advice. What would you advise her? Determining Bond Premium or Discount Los Altos, Inc., decides to sell $1,000,000 in bonds to LO2 323