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To disclose a contingent liabilitymeans: A. disclose and make a journal entry. B. report it as a footnote. C. make an adjusting journal entry. D.
To disclose a contingent liabilitymeans:
A.
disclose and make a journal entry.
B.
report it as a footnote.
C.
make an adjusting journal entry.
D.
do nothing.
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