The most common type of liability is: Multiple Choice O One to be paid in cash and for which the amount and timing are known. One that comes into existence due to a loss contingency. O One that comes into existence due to a gain contingency. One that must be estimated. All of the following but one represent collections for third parties. Which one of the following is not a collecuon for a third party? Multiple Choice Social security taxes deductions Customer deposits Employee Insurance deductions, Sales tax payable Peterson Photoshop sold $2,300 in gift cards on a special promotion on October 15, 2021, and sold $3.450 in gift cards on another special promotion on November 15, 2021. Of the cards sold in October. $230 were redeemed in October $575 in November, and $690 in December of the gift cards sold in November, $345 were redeemed in November and $805 were redeemed in December Peterson views the probability of redemption of a gift card as remote if the card has not been redeemed within two months. At 12/31/2021, Peterson would show a deferred revenue account for the gift cards with a balance of Multiple Choice $3,450 $2,300 $3.105 $0