Required information Ch14 Other Current Liabilities [LO14-6] Other Current Liabilities Read the overview below and complete the activities that follow. In addition to trade accounts payable, many companles have other types of current llabilities. These include amounts withheld from employees' pay, sales and other taxes payable, deposits, and other accrued liabilities. CONCEPT REVIEW: Companles have many different types of current liabilities. These can include various taxes payable fincome 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. Part 2-Concept Check Part 2 - Concept Check