What is contingent liability?
- 16 Answers
- 43569 Views
- Al Fara, Combined Fabrics, Scope International, Syntel, I also Faced
- E-Mail Answers
Answer Posted / rama devi
contingent liability is a liability which may or may not
arise in the future.Actually it is not shown in the
balancesheet.It is shown in the notes on accounts or
explanatory notes.
| Is This Answer Correct ? | 12 Yes | 5 No |
Post New Answer View All Answers
what is portfolio Saint?
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
what is the difference between speculation & investment?
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
Expand SCERT
What is Trade Recovery Estimate and how can we calculate it?
EXPAND___________IMF
WHAT IS PROSPECTUS?
what do u mean by arrear basic or arrear hra?
fiscal year variant Vs posting period variant
What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese
Short Answer on __________Leverage
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)
what is transposition-cum-demat?
