Listed Below Are Material Events That Pertain to the Financial

Multiple Choice

Listed below are material events that pertain to the financial statements of the Henry Corporation as of December 31, 20X5. Your field work on this audit ended on January 31, 20X6, and your report was issued February 10, 20X6. Indicate the nature of each event by using the following code letters:
-Write-off of an account receivable on January 17 resulting from bankruptcy proceeding begun in 20X5
_____

A) Postaudit discovery of existing facts
B) None of the above
C) None of the above.
D) Sale of a subsidiary on January 20