Question: 1. Dividends payable-(b) an estimated liability
2. Pending litigation-(d) a contingent liability
3. Income taxes payable-(a) a definitely determinable liability
4. Current portion of long-term debt-(c) a commitment
5. Vacation pay liability-(b) an estimated liability
6. Guaranteed loans of another company-(a) a definitely determinable liability
7. Purchase agreement-(d) a contingent liability