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Which of the following contingent liabilities would require a company to record a note to the financial statements? (Check all that apply.) The liability is
Which of the following contingent liabilities would require a company to record a note to the financial statements? (Check all that apply.) The liability is possible and cannot be reasonably estimated. The liability is probable and cannot be reasonably estimated. The liability is remote and estimated to be $15,000. The liability is possible and is estimated to be $35,000. The liability is remote and cannot be estimated. The liability is probable and estimated to be $40,000
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