Multiple Choice
Which of the following would be non-adjusting subsequent event(s) ?
A) An insure fire loss shortly after the company's year-end.
B) Bankruptcy filing by the company's major customer, which accounted for 60% of the company's receivables at the balance sheet date.
C) The company announces restructuring plans shortly before its year-end.
D) Sale of goods to Company with good current ratio.
Correct Answer:
Verified
Correct Answer:
Verified
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