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QUESTION 7- 5 POINTS The GW Zoo, Inc. (GWZI) had the following incident happen during December 2021. During cub petting a 5 year old was

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QUESTION 7- 5 POINTS The GW Zoo, Inc. ("GWZI") had the following incident happen during December 2021. During "cub petting a 5 year old was injured. The attomeys believe that GWZI will be held liable, but cannot determine the amount of the damages. A. Should the company record the liability on its financial statements? Why or why not? If yes, please prepare the journal entry. B. Should the company disclose the liability on its financial statements? Why or why not? If yes, what would the disclosure be

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