Interested to Buy Any Domain ? << Click Here >> for more details...
kindly given the example of contingent liabilities.
- 1 Answers
- 6400 Views
- Harsha Toyota, I also Faced
- E-Mail Answers
Answer / y.seshamurthy
The Term Contingent Liability Refers to The obligatory to
pay to liability may or may not arise. The best example is
bank guarantee issued to some third parties towards
fulfilment of some contractual obligations, if the contract
obligation is met the company has no liability to pay to
damages otherwise it has to pay the damages.
| Is This Answer Correct ? | 7 Yes | 1 No |
What i the Limitations of Ration Analysis?
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
what is difference between cost A/c #advanced management A/c
npa is either person or account
reason for difference in Balance sheet (Asset side & Liabilites side)
Expand ________CAP
what is leverage?how many types of leverages are there and explain
What is the significance of Journal entry
how to solved the shares qusionas ?
What is BRC & FIRC
Expand N R I
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
Audit 
