I need a list 150 words

Sutter Co. is a successful manufacturer of action figures. The company guarantees 100% satisfaction when advertising the action figures to the public. Until recently. Sutter Co. has never been sued by any customer or distributor. However, this year a customer is suing the company for a product defect. As of the end of the year. Sutter Co. does not know whether it will win or lose the suit. Given this unique occurrence. Sutter's management asks you. its CPA. for advice on the proper accounting treatment for this contingency. In a memorandum to your client. Sutter Co., describe the accounting and disclosures for loss and gain contingencies, including guarantees. Type your communication below the line in the response area below. REMINDER: Your response will be graded for both technical content and writing skills. Technical content will be evaluated for information that is helpful to the intended reader and clearly relevant to the issue. Writing skills will be evaluated for development, organization, and the appropriate expression of ideas in professional correspondence. Use a standard business memorandum or letter format with a clear beginning, middle, and end. Do not convey information in the form of a table, bullet point list, or other abbreviated presentation