Which of the following subsequent events would require adjustment of the accounts before issuance of the financial statements?

Select one:

a.

Loss of plant as a result of fire

b.

Changes in the quoted market prices of securities held as an investment

c.

Loss on an uncollectible account receivable resulting from a customer's major flood loss occurring after year-end

d.

Loss on a lawsuit, the outcome of which was deemed uncertain at year-end