The Balance Sheet – Liabilities

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
Responses to Other Students: Respond to at least 2 of your fellow classmates with a reply of at least 100 words about their primary task response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:
What did you learn from your classmate’s posting?
What additional questions do you have after reading the posting?
What clarification do you need regarding the posting?
What differences or similarities do you see between your posting and other classmates’ postings?





Sample Solution