Interested to Buy Any Domain ? << Click Here >> for more details...
What is Contigent Liability?
- 3 Answers
- 5729 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sricharan babu m
It is obligation which may or may not occuar in future.
Here we not keeping any amount separetly for that
obligation. it will disclose undet foot note in the
financial statements.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / sivanarayana.sana
This are the not real liability. which may or may not be payable in the future
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / meena
Contingent liability is the possible liability that existence of which will be confirmed by the occurrence of one or more uncertain future events..
| Is This Answer Correct ? | 0 Yes | 0 No |
What are direct and indirect expenses
are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
Preliminary expense of company?
What is the relationship between, issued share capital, share premium and paid up capital?
A business unit disposes an old asset at a rate higher than its written down value. Then how it will be recorded and under what head of income
Expand-------MUR
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
what is the difference between direct income and indirect income. pleases explain with example.
18 Answers Deepak Enterprises, HJ, Power Packaging,
WHAT DO WE MEAN BY CURRENT ACCOUNTS SEPARATE FROM SAVINGS ACCOUNTS.
why did u choose this firm
Expand F D I
what is creditors??
Audit 
