pls help me answers these questions . tysm

3. Transcribe Co.'s legal counsel believes that there is a 20% chance that Transcribe Co. will win the case. If, however, Transcribe Co. will lose, there is a 30% chance that it will pay damages of P9M (the amount sought by the plaintiff) and a 70% chance that it will pay damages of 94M (the amount awarded to the plaintiff in a similar case that was recently concluded). Other outcomes are unlikely. A 4% risk adjustment factor is considered appropriate to reflect the uncertainties in the cash flow estimates. The court decision is expected to be finalized in December 202. The appropriate discount rate is 12%. What is the entry to accrue the provision? 4. Transcribe Co.'s legal counsel believes that Transcribe Co. will probably pay damages of not less than P2M but not more than P7M. The probability of any amount within the range is as likely as any other amount within that range. The plaintiff is offering an out-of-court settlement of P6.2M but Transcribe Co. does not agree. What is the entry to accrue the provision? 5. On December 31,201, Aural Co. accrues a provision of P5M for an expected loss on a pending labor case. On December 31 , 202, Aural Co. reviews its estimate and concludes that an estimate of P4.8M is more appropriate. The case is settled in 203 and Aural Co. pays damages of P5.1M. Provide the journal entries in 201 to 203