Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Contingent liabilities should be recorded in the accounts
when
A) It is probable that the future event will occur
B) The amount of the liability can be reasonably estimated
C) Both A&B
D) Either A or B

Answer Posted / swetha

A

Is This Answer Correct ?    3 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is Calculation of Depreciation for 4 to 5 Years?

2144


state and explain THREE types of situation to which accounting concept might be applicable

2125


In what cases can Convertible bonds be considerred as derivatives?

2281


what is the cost and financial accounting? what is double entry system ?

2126


What is the Branch Accountant Responsbilities ?

3602


what are Blue-Chip companies?

2215


business sepsarate entity concepts

1891


What is DECR And for wt it is used?

2100


Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c

1846


EXPAND______________ICC

2202


Difference between cash and merchantile system?

2275


EXPAND_________TOEFEL

2195


How can I explain p2p process in SAP?

3239


What is meant by retiring Bill

2000


What do you mean Business

2263