How is the liability for warranties similar to and, Accounting Basics

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How is the liability for warranties similar to and

Question: 1. How is the liability for warranties similar to and different from liabilities for sales taxes and accounts payable?

2. What is a contingent liability? How is a contingent liability reported?

3. Why are payroll deductions considered current liabilities?

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Accounting Basics: How is the liability for warranties similar to and

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Accounting Basics: How is the liability for warranties similar to and

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