Choices: Probably adjust the financial statements directly, Disclosure, Neither adjustment nor disclosure necessary

Question 6 Indicate how each of the following "subsequent events" would be reported (a) Collection of a note ritten off in a prior period. (b) Issuance of a large preferred stock offering. (c) Acquisition of a company in a different industry (d) Destruction of a major plant in a flood. (e) Death of the company's chief executive officer (CEO) (f) Additional wage costs associated with settlement of a four-week strike. (g) Settlement of a federal income tax case at considerably more tax than anticipated at year-end. (h) change in the product mix from consumer goods to industrial goods