CDDNes nat TOHOW In addition to trade accounts payable, many companies have other types of current liabilities. These include amounts withheld from employees' pay, sales and other taxes payable, deposits, and other accrued liabilities. CONCEPT REVIEW: Companies have many different types of current liabilities. These can include various taxes payable (ncome tax, sales tax, payroll tax), accrued amounts for salary. vacation or other benefits, and estimates such as accrued utilities and warranty. To adhere to the concept of the matching principle, companies must estimate the amount of their other liabilities 1 Federal anid state governments do not specily the exactto be maint , but do specify the amounts to be withheld. 2 Income taxes withheld from employees but not yet submitted to the govenment are considered to be a(m) 3. When testing customer deposits, auditors typically review a(n) . When testing other accrued liabilities. auditors may independently calculate the amount and of the individual deposits it to management's estimate 5. Property tax payments are typically in number