<p style="text-align: center;"><strong>Other Current Liability Account</strong><strong></strong></p>
<p style="text-align: left;">Tracks money your business owes and expects to pay within one year, such as:</p>
<ul>
<li style="text-align: left;">Sales tax</li>
<li style="text-align: left;">Payroll tax</li>
<li style="text-align: left;">Security deposits/retainers from customers</li>
</ul>