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Which of the following should NOT be recognized as an expense or loss in the current reporting period? Possible future fire losses. Loss due to

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Which of the following should NOT be recognized as an expense or loss in the current reporting period? Possible future fire losses. Loss due to a lawsuit that is both probable and the loss can be reasonably estimated. Estimated warranty expense on products sold during the current year. Estimated bad debt expense related to current accounts receivable

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