Explain how you would account for the following items, justifying your answer by reference to the defi- nitions and recognition criteria in the Conceptual Framework. Also state, where appropriate, which ledger accounts should be debited and credited. (a) () Your firm has been sued for negligence -- likely you will lose the case. (11) Your firm has been sued for negligence -- likely you will win the case (b) Obsolete plant now retired from use, (c) Receipt of a donation of $10 000