Answer / chitra

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

Principles of accounting with atleast one example for each.

3 Answers   Franklin Templeton,

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Why should we prepare profit

30 Answers   Accenture, Maharaja Whiteline,

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Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe

0 Answers  

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One bill how calculate vat & Service tax

2 Answers  

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Received goods from Mani in response to the order placed with him. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1 Answers  

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what does profit and loss appropriation a/c on dr side of financial trial balance mean? pls answer my question

2 Answers  

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Who would NOT be considered "independent" in the context of an independent examiner?

1 Answers  

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types of accounts and its rules

3 Answers  

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when the creditors shows debit balance

4 Answers   Genpact,

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current ratio? asked on 30/7/09

9 Answers   FactSet Systems,

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what is interest on drawings

5 Answers   Cognizant,

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Which points are include and which point are exclude from Bank Reconciliation (balance as per our book)?

1 Answers  

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