Interested to Buy Any Domain ? << Click Here >> for more details...
What are the contingent liabilities ?
- 1 Answers
- 4311 Views
- I also Faced
- E-Mail Answers
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.
| Is This Answer Correct ? | 7 Yes | 0 No |
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
SALES BOOK IS A PART OF
Contrast bookkeeping and accounting
How entry of Dues bills [in which account] in Tally ?
what is the treatment of term loan & long term debenture in calculation of networth?
What is the full form of GAAP?
Tell me about a situation where you showed determination?
wt is Bank Guarantee?wt the pr0 cedure of BG
what will be the entry for inventory
What will be the journal entry for good lost by fire. How many entries will be passed in the books of account for the same.
29 Answers IBM, MTM,
what is profit & Loss Appropriation A/c. why it is prepered? what are its benefit for a company
WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE
Audit 
