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Prepare the December 31 entry assuming it is probable that Nash will be liable for $854,900 as a result of this suit. (If no
Prepare the December 31 entry assuming it is probable that Nash will be liable for $854,900 as a result of this suit. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation December 31, 2020 Debit Credit
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