Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Where we show the Contingent Assets.

Answer Posted / sinduja

contigent asset is a asset which may come in to the
bussiness in the future
for eg some kind of compencation may be received in future
for infringment of trade marks copy rights etc
normally contigent liab is shown as footnote but in comp
act their is no prov to show contigent asset as a footnote

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.

1860


About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?

1972


Expand----------MTSC

2107


what is the use of accounting standards

1882


What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

2249


You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?

2249


why gross profit transfering to profit & loss account

4175


Dear sir,i have completed M.sc,MBA.STILL I AM NOT GETTING WELL POSITION .I THINK ON LOW BUGET ON COURSE TO IMPROVE MY POSITION IN FINANCE FIELD.

2042


Expand-------SNAT

1942


Why you choose commerce faculty & not science or Why you are in commerce & not in science ?

2131


what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?

4533


what is participation right is it a debt? or not?

2145


I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????

4136


what are the customization u have done in sap mm

2217


what is the frienge benefits tax?what is usefull?

2011