During 2011, Friesen Corporation is sued by a customer who slipped and fell on the company's property. As of 12/31/2011, the lawsuit has not been finalized. Friesen Corporation evaluates the situation and determines it is 'probable' that the company will lose the lawsuit and will owe the customer $200,000. What journal entry (if any) is Friesen Corporation required to record on 12/31/2011 related to this lawsuit? Account No Journal Entry Required Debit Credit