State whether or not each of the following events would result in a liability being recognised in the accounts at 30 June. 

1. Taxes for the year ended 30 June, which are not payable until October. 

2. Wages to be paid on 2 July to cover the two-week period up to 30 June.

3. The company sells washing machines and gives a one-year warranty to repair or replace any faulty machines.

4. A construction company receives a $10 million advance in June on a contract. The work will commence in July.

5. The company has signed a contract to pay its managing director $1 million per annum (inflation adjusted) for the next four years.