What is the meaning of Contingent Liability? Where is it
shown in the Balance Sheet?
Answer Posted / manojs
it is a liabilty which may or may not arise in case of any
event or contigency
it is shown as a foot notes in the balance sheet
| Is This Answer Correct ? | 24 Yes | 3 No |
Post New Answer View All Answers
How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
As a fresher in oracle finance can a get a job in oracle finance n what type of questions can they ask me as a fresher...oracle finance...
How does the ration analysis help in depicting profit and loss
Process of the settlement cycle?
Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry
what is circuit filter?
what is the difference between cash flow and funds flow
Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com
Explain the word Liquidation
Under the accrual basis of accounting incomes are recognised at the time -------------------
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
fill in the Blanks Share Holders in Company have _____________Liability
what are the new rules of central excise ?
1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?