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help w/ 9 n 10 9 During Year 1, it is...

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Accounting

help w/ 9 n 10
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9 During Year 1, it is claimed that Cierra Company's operations caused some damage to the air and water in its community. This daim is currently under government investigation. If the investigation Deveals that Cierra Company did in fact cause damage to the air and water, Clerva Company will be required to pay a fine of $500,000. The Investigation is expected to be completed in September of Yeat 2 in which ONE of the following cases should Cierra Comparty report a lability for the environmental fine in the balance sheet on December 31 of Year 17 As of December 31 of Year 1, it is possible that Gerra company will have to pay the fine As of December 31 of Year 1. Gerta company has already paid the fine As of December 3t of Year 1 to probable that Gerra company will have to pay there As of December 31 ct Year 1, it is not likely that Gerva Company wit have to pay the fine 10 Which ONE of the following is the required treatment of teach and development costs odernited State accounting ach and devecentos e Recosts are expense and development costore earth coste de los se and events and are

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