A contingent liability can be classified as which one of the following? a. Remote b. Reasonably possible c. Probable d. All of these choices are correct. A defined benefit plan requires an annual pension cost of $90,000 based on estimates of future pension liabilities. On December 31, the company pays $70,000 to the pension fund. The journal entry will include a. a credit to Unfunded Pension Liability for $20,000. b. a credit to Cash for $90,000. c. a debit to Pension Expense for $70,000. d. None of these choices are correct. Employees are not subject to a. medicare tax. b. social security tax. c. federal withholding tax. d. state unemployment tax