The following list represents liabilities on the December 31 balance sheet of Munday Motor Company.
1. Money owed to employees for work performed the last two weeks in December
2. Money owed to a supplier for goods purchased based on the terms net 30
3. Money owed to the government, based on the annual income of the company
4. Money owed to the bank on a note due in July
Identify the liability account that would likely be used to report each item.