If the likelihood of a loss is neasonably possible a contingent lability icorded by making an appropriatejournal entby Beaet Selection Mark for Review What's Thia Question 6 of 23 Cument labities could include ail of the following excect OA any part of long-bam debt due during the current peiod B an acoounts payable due in 30 days C, a notes payable due n9moth1 D. a bank loan due in 18 months What's This? Question 7 of 23 Which of the following events does not oreate a lability? O A Obtaining a short-term loar C.Parng sales tax to the government D.Baying goods and services on cre Mark for Review What's Thia Question 8 of 23 For the employee, net pty is equal to gross earnings miun OA only medical insurance premiums only Social Security withholdings .payroll deductions D. only Fedeal income tax withhoidings Mark for Review What's This Question 9 of 23 Which of the following statements about payroll labilities is comect A Only mployees are required to pay FICA taxe B. Acorued paynol liablities do not include any voluntary deductions bymployes for chanitable contributions ar union due C. Accrued payroll includes labilties equired by law or voluntarily requested by employees that have not yet been paid for e D. Both employers and