Question
Indicate whether each of the following is a a definitely determinable liability b an estimated liability c a commitment or d a contingent liability: 1).
Indicate whether each of the following is a a definitely determinable liability b an estimated liability c a commitment or d a contingent liability:
1). Dividends payable
2). Pending litigation
3). Income taxes payable
4). Current portion of long term debt
5). Vacation pay liability
6). Guaranteed loans of another company
7). Purchase agreement
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Bank Management
Authors: Timothy W. Koch, S. Scott MacDonald
8th edition
1133494684, 978-1305177239, 1305177231, 978-1133494683
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