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The following are subsequent events. For each event, indicate if the company should: A) adjust the financial statements. Write adj B) disclose in the notes

The following are subsequent events. For each event, indicate if the company should:

A) adjust the financial statements. Write adj

B) disclose in the notes to the financial statements. Write disc.

C) no adjustment or disclosure. Write N/A.

1. _______ Introduction of a new product line

2. _______ Loss of a significant customer

3. _______ Issuance of a significant number of common shares.

4. _______ Settlement of prior year litigation.

5. _______ Acquisition of a subsidiary of similar size.

6. _______ Loss of a factory due to fire

7. _______ Settlement of a federal tax case at a cost significantly higher than expected at year end

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