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5 pts Match the following terms with the appropriate definitionstexamples. Not every answer is used Contingent Choose Sales Tax Payable [Choose) Obligation to a lender,
5 pts Match the following terms with the appropriate definitionstexamples. Not every answer is used Contingent Choose Sales Tax Payable [Choose) Obligation to a lender, usually a bank, for the amount borrowed. Current liability reflecting amounts owed to the government on behalf of customers Examples would be FICA taxes, employee income taxes withheld, charitable contri Employee Payroll Deductions Notes Payable Potential liabilities that have arisen as a result of a past transaction or event: their Bonds Payable Issued at a premium, face value, or a discount and is stated in the financial statem The payment made when the bond matures: used to compute interest payments Question 4 16 pts wate definitionem Not every awer is used [Choose Obligation to a lender, usually a bank for the amount borrowed, Current liability reflecting amounts owed to the government on behalf of customers. Examples would be FICA taxes, employee income taxes withheld, charitable contributions. Potential liabilities that have arisen as a result of a past transaction or event their ultimate outcome will not be known until a future event occurs or fails to occu Issued at a premium face value, or a discount and is stated in the financial statements at it's face value: The payment made when the bond matures, used to compute interest payments
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