On december 31, 20x1, date co. awaits judgment on a lawsuit for a competitor's infringement of date's patent. legal counsel believes it is probable that date will win the suit and indicated the most likely award together with a range of possible awards. how should the lawsuit be reported in date's 20x1 financial statements? a. in note disclosure onlyb. by accrual for the most likely awardc. by accrual for the lowest amount of the range of possible awardsd. neither in note disclosure nor by accrual

In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory