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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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