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was $550. received notice of a class-action lawsuit being filed against it. The lawsuit daims that Tripp's go-karts have engine defects that appear after the

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was $550. received notice of a class-action lawsuit being filed against it. The lawsuit daims that Tripp's go-karts have engine defects that appear after the warranty period expires. The plaindfs want Tripp to replace the engines and pay damages for the owners' loss of use. The cost of replacing the engines would be approximabely the first cel in the "Accounts" column and leave all other cells bl OC 1: Tripp sold 16 gokarts on account. The soling price of o not record the cost related to the sale. We will do this in the ne (not including any damages). Tripp's attorney believes that it is reasonably possible that Tripp will lose the case, but the attomey cannot provide a dollar the repairs, paid in cash, was $550 $470,000 in darnages Tripp's attormey believes the case is frivolous because it does not have any legal merit of the potenial loss amount repairs due to product warranty complaints for two go-karts sold earlier in the year. Tripp's cost of 20 Tripp 22 An individual claims that he suffered amotional distress from a high-speed ride on a Tripp Go-Kart and is soeking 27 Another customer is suing Tripp for $210,000 because a defect in the customer's Tripp Go-Kart engine started a the customer will probably win the case and Dec 1 fire and destroyed the customer's garage. Tripp's attomey receive $210,000. (Use the following names: Loss from Lawsut and Accrued Liability from Lawsuit.) Dec Print Done lawsuit being filed against Dec 5: Tripp received notice of a pay damages for the owners' loss of use. The cost of replacing the engines be would be apprimately S375. COO (not ndudng any damages). Tng p's attomey believes that is reasonably possble of the potertial loss amount MacBook Air was $550. received notice of a class-action lawsuit being filed against it. The lawsuit daims that Tripp's go-karts have engine defects that appear after the warranty period expires. The plaindfs want Tripp to replace the engines and pay damages for the owners' loss of use. The cost of replacing the engines would be approximabely the first cel in the "Accounts" column and leave all other cells bl OC 1: Tripp sold 16 gokarts on account. The soling price of o not record the cost related to the sale. We will do this in the ne (not including any damages). Tripp's attorney believes that it is reasonably possible that Tripp will lose the case, but the attomey cannot provide a dollar the repairs, paid in cash, was $550 $470,000 in darnages Tripp's attormey believes the case is frivolous because it does not have any legal merit of the potenial loss amount repairs due to product warranty complaints for two go-karts sold earlier in the year. Tripp's cost of 20 Tripp 22 An individual claims that he suffered amotional distress from a high-speed ride on a Tripp Go-Kart and is soeking 27 Another customer is suing Tripp for $210,000 because a defect in the customer's Tripp Go-Kart engine started a the customer will probably win the case and Dec 1 fire and destroyed the customer's garage. Tripp's attomey receive $210,000. (Use the following names: Loss from Lawsut and Accrued Liability from Lawsuit.) Dec Print Done lawsuit being filed against Dec 5: Tripp received notice of a pay damages for the owners' loss of use. The cost of replacing the engines be would be apprimately S375. COO (not ndudng any damages). Tng p's attomey believes that is reasonably possble of the potertial loss amount MacBook Air

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