contingent goods?
- 6 Answers
- 26408 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sinisetty
The acquisition of goods by the seller depends upon un
certain event in the future are called contingent goods.
venkat
9603282777
| Is This Answer Correct ? | 34 Yes | 7 No |
Answer / john mwangi
goods whereby their acquisition by the seller, for onward
transfer of the property in them to the buyer for pecuniary
consideration on the part of the buyer, depends upon an
uncertain condition or an unpredictable circumstance in the
future are known as contingent goods. They are types of
future goods.Such a contract can only be an agreement to
sell and never can it be a sale.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / kiran
THE ACQUISITION OF GOODS OR COMMODITIES FROM THE SELLER IT
MAY BE CONTINGENT IN FUTURE WEATHER IT IS GOOD CONDITION OR
NOT ( IT MAY BY HAPPENS OR NOT) SURE, UNCERTAINTY IN FUTURE
OUTCOMES.
| Is This Answer Correct ? | 8 Yes | 7 No |
Answer / grip
Goods, the acquisition of which by the seller depends upon an uncertain contingent are called contingent goods
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / annanya
These are d goods which can be acquired provided contingency (happening or non-happening) is fulfilled
| Is This Answer Correct ? | 0 Yes | 0 No |
why the accounts as personal real and nominal
Distinguish between capital expenditure & revenue expenditure
In Balance Sheet Why we entered Liabilites & Incomes under Liabilites side , Assets & Expenditures under Assets side.In general think incomes are asssets,expenditures are liabilites.
how to pass the journal entry for tds dedcted on commission receivable
If we maintain inventory then if proprietor take the some goods for personal Use then how to we do entry
if we have charged vat @ 5% instead of 4% ,how can we rectify that invoice ?we have already send that invoice to our client and we have received that payment also .Invoice Dated 25/01/2010 Kindly advice on that .........
What is the meaning of deferred revenue and expenditure, give examples
2 Answers Bank Of America, Capital IQ,
if i am getting 165000 than should i dedected on my salary or not?
What did you meant by Debit and Credit?
WHAT IS MONTH END CLOSING? AND WHAT YOU DO IN MONTH END CLOSSING PROCESS?
What is account payee cheque? Expand ctc cheque?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
Audit 
