What is Contingent Liability?



What is Contingent Liability?..

Answer / chitra

may or may arise liability is contingent liability.
example: doubtful debts

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

expand------STR

1 Answers  


define drawer or maker

0 Answers  


What is the difference b/w NPV and PBP?

4 Answers   Capital IQ,


what are important steps to take during the conversion of an accounting system?

2 Answers   Cap Gemini, Franklin Templeton, Globix,


In IGATE, 2 yrs bond for fresher and reverent experience 1 year bond. First z essay writing. “Unforgettable movement ur life” Tiz in ITPL IGATE stopping

0 Answers   iEnergizer, iGate,






what is meant by factorising

1 Answers  


What is Demat Account? what is the use of it?

1 Answers  


Wats is the diffrence between Fund flow and cash flow statemtnt?

2 Answers   HCL, JPMorgan Chase,


can anybody describe about the accounts and financ ? what is difference between that , thanks in advance gurus

7 Answers   Infosys, Savvis,


What is the Branch Accountant Responsbilities ?

0 Answers  


what is the journal entry for this bank reconcilation statement? BANK CHARGES DEBITED BY BANKER BUT NOT ENTERED IN CASH BOOK

2 Answers   HP,


Expand ________DAVP

1 Answers  


Categories