Question: prepare working notes Classify each of the following as either: a) Estimated liability b.) Contingent liability c.) Ordinary liability 1 Debt guarantees 6. 2 Interest

prepare working notes

Classify each of the following as either: a) Estimated liability b.) Contingent liability c.) Ordinary liability 1 Debt guarantees 6. 2 Interest payable 3 Vacation benefits a. 4 Sales taxes payable c. 5 Accounts payable c. 6 Wages payable a. 7 Operating lease 8 Union dues payable 9 Unearned revenues a. 10 Warranty on $96,188 worth of canoes

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