Interested to Buy Any Domain ? << Click Here >> for more details...
what is contigent liability and where we shown in balance
sheet
- 2 Answers
- 5726 Views
- I also Faced
- E-Mail Answers
Answer Posted / kiran
A contingent liability is a potential liability...it
depends on a future event occurring or not occurring. For
example, if a parent guarantees a daughter's
| Is This Answer Correct ? | 8 Yes | 2 No |
Post New Answer View All Answers
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
how will decide that vender payment is ok without reco
hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?
Financial Accounting
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
when & how interest on unsecured loan is calculated?
explain me what steps would you take to increase revenue for this company?
How to show Airticket Expense on Company's A/c as Company expense
What are the differences between accounting and auditing?
What is double-entry accounting? Explain with an example?
Is it possible contra entry in SAP FICO
sir i want know how to fill vat return
How can you do credit control?
How the MIS format made up in XL.
how to calculate basic to gross salary
