Prepare the December 31 entry assuming it is probable that Marigold will be liable for...

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Accounting

Prepare the December 31 entry assuming it is probable that Marigold will be liable for $862,200 as a result of this suit. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)
Account Titles and Explanation
Debit
Credit
December
31,2025
image

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