127. Classify each of the following items as a contingent liability, estimated liability, or current liability:
1. Accrued wages payable.
Contingent liability
2. Payroll taxes payable.
Estimated liability
3. Lawsuit against the company.
Current liability
4. Warranty on products sold this year.
5. Accounts payable.
6. Vacation benefits.
7. Property taxes payable.
8. Income taxes payable.
9. Unearned revenues.
10. Debt guarantees.
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