Discuss the estimated and contingent liabilities


Discussion

In 300-400 words, define and discuss the following:

• Estimated and contingent liabilities
• The difference between gross and net take home pay
• The difference between employer payroll taxes and withholding deductions
• FICA
• FUTA and SUTA.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Discuss the estimated and contingent liabilities
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