Answer Posted / parry.d
A contigent liability: its may or may not be liability to
the company but it is the mandatory to show in balance
sheet.
| Is This Answer Correct ? | 15 Yes | 1 No |
Post New Answer View All Answers
What is the use of form D in sale tax
Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy
What is creative accounting?
If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B
What is an operative accounts?
Who is debtor purchaser
In accounting equation what is the treatment of investment in shares??
What are the disadvantages of manual accounting?
Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?
What is journalizing? What are the columns of a journal?
Explain what knowledge should financial accountant have?
plz can some one tel me "The concept of stock holder's equity and paid in capital".
What is the definition of accounting?
Why did you select accounting as your profession?
What do you mean by gaap in accounting?