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helpp 4-35 Disclosure 03 csTote. Tote. face of the balance sheet. d. Currently investigating indications of bribes paid by employees of one of its subsidiaries

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4-35 Disclosure 03 csTote. Tote. face of the balance sheet. d. Currently investigating indications of bribes paid by employees of one of its subsidiaries in China for The following items were identified in preparing year-end, December 31, 2020, financial statements for Lakeside a. Guaranteed the loan of its shareholder with a 25% ownership interest. b. Determined that long-term debt investments at December 31, 2020, are classified as Level 2 in the fair In each situation, indicate the type of disclosure that should be considered: (1) summary of significant account ing policies, (2) fair value measurement, (3) related party transactions, (4) subsequent events, (5) errors, raud, f. Current assets Inc. Inventory costing method b. Components of long-term debt C. Subsequent event details d. Depreciation method e. Related party transactions value hierarchy. c. Incurred a loss due to a flood on December 31, 2020. marketing opportunities for its products. e. Guaranteed the loan of one of its suppliers. f. Secured a new bank loan on January 15,2021. 8. Inventories are valued at the lower of cost (first-in, first-out) or market. and illegal acts, or (6) none of the above

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