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...

what is contigent liability

Answer Posted / parry.d

A contigent liability: its may or may not be liability to
the company but it is the mandatory to show in balance
sheet.

Is This Answer Correct ?    15 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you think accounting standards are mandatory and why?

1189


What are the columns of a journal?

1203


adjustment entry showing in tally such as outstanding salary prepaid salary etc.

3331


What are the objects of cost accountancy?

1167


Explain what is balance sheet?

1105


What is creative accounting?

1198


What is peach tree accounting?

1100


How to calculate Gratuity & when it's applicable to employee after three years or Five years?...

1853


what is the minimum & maximum amount paid by company per day

2125


one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain

1433


WHERE WE CAN USE VAT 5%,14.5%

2583


What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP

3230


in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity

5581


Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not?

2681


what is the process of cenvat credit taken in service tax( in direct & indirect service)

3476