Business, 22.05.2020 18:57 HealTheWorld

For each separate situation, indicate whether Cruz Company should (a) record a liability, (b) disclose in notes, or (c)
1. Cruz Company guarantees the $114,000 debt of a supplier. It is not probable that the supplier will default on the debt.

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For each separate situation, indicate whether Cruz Company should (a) record a liability, (b) disclo...

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