Match Each of the Following Current Liabilities with Its Meaning

question 49

Multiple Choice

Match each of the following current liabilities with its meaning.
-A contractual agreement to borrow and repay money.

• A)Account payable
• B)Note payable
• C)Wages payable
• D)Interest payable
• E)Sales taxes payable
• F)FICA taxes payable
• G)Unemployment taxes payable
• H)Unearned sales revenues
• I)Estimated warranty liability

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Definitions:

Confirming Response

A communication pattern that acknowledges and supports a person's self-concept, positively reinforcing personal identity.

Disconfirming Response

A communication pattern that invalidates or disregards another's opinions or feelings.

Confirming

Affirming or validating someone's feelings or opinions.