What is the contignent liability
2. what is the Break Even Point
3. what is the cash system
- 1 Answers
- 3504 Views
- I also Faced
- E-Mail Answers
Answer / ajay kumar sahoo
Contigent liability is the liability which is to be paid by
the company after happening of certain events. normally it
is the outcomes of lawsuits. The presence of which may
effect the share price.
BREAK EVEN POINT is the point where there is no profit no
loss . Company can only recover the cost of the product.
CASH SYSTEM is a system of accounting where accounting
entries are made only when cash are received or paid. not
in the case of cash are likely to be received or paid.
For-ex - electricity expenditure of MAR. month are billed
in the April so in cash system exp. are booked in april
month only not only in the month of MARCH month.
| Is This Answer Correct ? | 6 Yes | 0 No |
Where does TDS payable & receivable appear in the books of accounts
expand NASDAQ?
Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations
Are you sure MBA Finance Demand in market if yes why and if you study a distance couse so my question is destance education is a valed for big company and small company
What does my credit score mean?
EXPAND___________NSDL
what do you mean by suspense account?
What three Specific Job Positions do you target from the Industry
0 Answers GSK GlaxoSmithKline,
Weather Closing Stock appears in Trial Balance. If not why and if yes how.
define instsllment system?
e.g of derivatives
Wats is the diffrence between Fund flow and cash flow statemtnt?
2 Answers HCL, JPMorgan Chase,
Audit 
