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Which of the following would be considered a contingent liability?

bravata

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7 years ago

Which of the following would be considered a contingent liability?

Which of the following would be considered a contingent liability?
A) Federal income tax payable
B) Warranties payable
C) Pending litigation
D) Salaries payable

Textbook

Financial Accounting

Financial Accounting

Edition: 3^rd

Authors: Kemp, Waybright

Read 86 times

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antonio_john

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More solutions for this book are available here

Massachusetts Institute of Technology
-- Accounting

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bravata Author

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7 years ago

Correct

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hpascoe

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Yesterday

this is exactly what I needed

ethom947

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2 hours ago

This helped my grade so much Perfect

Perfect

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