Note 5. Accrued Liabilities The Company's accrued liabilities consist of the following as of January 31, 2020 and 2019: January 31, (Amounts in millions) 2020 2019 Accrued wages and benefits" Self-insurance 6,093 S 6,504 4,469 3,979 Accrued non-income taxes" 3,039 2,979 Deferred gift card revenue 1,990 1,932 Other 6,705 6,765 Total accrued liabilities 22,296 S 22,159 (1) Accrued wages and benefits include accrued wages, salaries, vacation, bonuses and other incentive plans. (2) Self-insurance consists of insurance-related liabilities, such as workers' compensation, general liability, auto liability, product liability and certain employee-related healthcare benefits. (3) Accrued non-income taxes include accrued payroll, property, value-added, sales and miscellancous other taxes. (4) Other accrued liabilities consist of various items such as interest, maintenance, utilities, legal contingencies, and advertising.

Note 5. Accrued Liabilities The Company's accrued liabilities consist of the following as of January 31, 2020 and 2019: January 31, (Amounts in millions) 2020 2019 Accrued wages and benefits" Self-insurance 6,093 S 6,504 4,469 3,979 Accrued non-income taxes" 3,039 2,979 Deferred gift card revenue 1,990 1,932 Other 6,705 6,765 Total accrued liabilities 22,296 S 22,159 (1) Accrued wages and benefits include accrued wages, salaries, vacation, bonuses and other incentive plans. (2) Self-insurance consists of insurance-related liabilities, such as workers' compensation, general liability, auto liability, product liability and certain employee-related healthcare benefits. (3) Accrued non-income taxes include accrued payroll, property, value-added, sales and miscellancous other taxes. (4) Other accrued liabilities consist of various items such as interest, maintenance, utilities, legal contingencies, and advertising.

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter13: Tax Credits And Payment Procedures

Section: Chapter Questions

Problem 25P: LO.2 Oak Corporation has the following general business credit carryovers. If the general business...

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