contingent goods?

Answer Posted / kiran

THE ACQUISITION OF GOODS OR COMMODITIES FROM THE SELLER IT
MAY BE CONTINGENT IN FUTURE WEATHER IT IS GOOD CONDITION OR
NOT ( IT MAY BY HAPPENS OR NOT) SURE, UNCERTAINTY IN FUTURE
OUTCOMES.

Is This Answer Correct ?    8 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Sold goods to Gasha 600 by cash

836


how to enter the tender refund amount in tally ?

3361


What is a ledger? What do you mean by ledger posting?

644


what is the procedure to appoint an Austrlian citzen as indian company director...

1341


Tell me how you can adjust entries into account?

536






What are a debit note and credit note with an example?

613


Tell me why some asset accounts have a credit balance?

629


Explain accounting 101?

665


cheque deposit is a contra entry?

1675


Tell me in which account does the unpresented cheque will get recorded?

610


what is the difference between profit center area and business are.? please make me clear.

1976


What is the acceptable accounting procedure when an error is detected in a general ledger account? Explain why such a procedure is followed?

1584


Tell me what are the activities that includes in cash flow statement?

945


Sir i want to ask that if the salary above 6500/- than also pf deduct.

1404


sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?

1473