Answer / pradipta acharya

Contingent liabilities are liabilities that may or may not
be incurred by an entity depending on the outcome of a
future event such as a court case. These liabilities are
recorded in a company's accounts and shown in the balance
sheet when both probable and reasonably estimable.

what is contigencies?

6 Answers  

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GOVERMENT COMPANY FOLLOWS WHICH TYPE OF ACCOUTING SYSTEM

2 Answers  

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ADR

1 Answers   Bank Of America,

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Goods destroyed by fire rs.2000 and insurance company claim rs 1250. This is shown on adjustment,how is it posting on profit and loss account and balance sheet

1 Answers  

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What is the difference of Fund Flow Statement and Cash Flow Statement?

1 Answers  

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Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?

0 Answers  

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how to assign the cost center to GL Account in SAP (FICO)

0 Answers   EXL,

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In which group " charity" will come under.....in tally?

1 Answers  

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What elements of your job do you find most difficult?

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Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!

0 Answers  

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Definition of accounts payable

3 Answers   Genpact, Infosys, MNC, TATA,

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What is Cash Flow Statement?

3 Answers  

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