Interested to Buy Any Domain ? << Click Here >> for more details...
What is Contigent Liability?
- 3 Answers
- 5750 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 |
give narration of cash----a/c---Dr To cash
sale tax which place effected
What is the difference between a Proprietor firm, a Partnership firm & a limited company
what is capital work in progress?
what are adjusting entries? and why we are dioing it?
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
HIREPURCHASE VS INSTALMENT PURCHASE
how we can show cash deposited in sbi? in tally (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post)
why a accountatn make the bank reconcellation statement. 2. if you are only accountant for company what will you do if you come daily on job.
Three steps for correction in BRS?
what is the difference between TAN and TIN?
Whats is Cash Flow Statement why its is prepare ?
Audit 
