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I am currently in F10 (Becker) and I am struggling with Estimated and Accrued Liabilities sub-chapter. When I read the book, it seems easy to understand. However, when I do the multiple choices questions, it looks like this topic has various types of questions (FICA, payroll, taxes, insurance,etc. ) I don’t know where to start whenever I see the question. Could someone please explain to me what are the key things to remember about this topic and what I should do to answer these types of questions?
Thanks.
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