Answer Posted / jaspreet kaur rana

contingent assets are those assets in which the possibilities of economic benefits depends solely upon the future events,that can not be placed in balance sheet .however they can be found in companies financial statements.n on the other hand contingent liabilities are those which may or may not arise in the future.

interest paid comes under which head

1477

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What exactly balance sheet depicts

2014

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Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?

2193

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describe how accuracy in trial balance is a prime objective for preparing the financial statements?

2027

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What is fixed liabilities

1972

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How can I find out my credit rating score for free?

2071

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shares journal entries

2022

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explain sales/purchase accounting?

2191

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I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim

2103

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How i pass the share holders capital entry in Tally? How to set this option in Tally?

4003

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What are the Types of invoices batching? & what is 3 way batch?

2133

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While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.

1828

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My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?

2026

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Clasify capital

1956

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I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks

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