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Question 4 1 pts An example of an estimated liability is O Payroll liabilities O Sales Lay Notes payable O Warranty liabilities Question 5 1
Question 4 1 pts An example of an estimated liability is O Payroll liabilities O Sales Lay Notes payable O Warranty liabilities Question 5 1 pts A customer paid a deposit of $1,000 to ABC Inc. for services to be performed 10 months in the future. ABC Inc. records the deposit as a O Current asset O Current liability O Long-term Liability O Equity Question 6 1 pts Nettie Inc. signed a 4 year note for $40,000 on August 1, 2019. $10,000 is due each year with the first payment due on August 1, 2020. How will this be shown on the balance sheet at December 31, 2019? O $40.000 will be recorded as a non-current liability O $30.000 will be recorded as a non-current liability O $40,000 will be recorded as a current liability O $10.000 will be recorded as a non-current liability Question 7 1 pts Which of the following is not part of payroll liabilities O FICA Social Security payable O FICA Medicare payable O Health insurance O Sales tax O cand d
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