mark each of the following statements as either true or false and select the correct answer: if a bank discounts a note, then the borrower needs to only pay the cash received and not the face value of the note. when a liability is accrued, the account debited in the transaction is a stockholders' equity account. apossible loss from a lawsuit is not reported on the balance sheet as a current liability, but disclosed in the footnotes of the financials. true, true, false true, true, true false, true, false false, false, true false, false, false
