contingent goods?
- 6 Answers
- 26491 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sinisetty
The acquisition of goods by the seller depends upon un
certain event in the future are called contingent goods.
venkat
9603282777
| Is This Answer Correct ? | 34 Yes | 7 No |
Answer / john mwangi
goods whereby their acquisition by the seller, for onward
transfer of the property in them to the buyer for pecuniary
consideration on the part of the buyer, depends upon an
uncertain condition or an unpredictable circumstance in the
future are known as contingent goods. They are types of
future goods.Such a contract can only be an agreement to
sell and never can it be a sale.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / 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 |
Answer / grip
Goods, the acquisition of which by the seller depends upon an uncertain contingent are called contingent goods
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / annanya
These are d goods which can be acquired provided contingency (happening or non-happening) is fulfilled
| Is This Answer Correct ? | 0 Yes | 0 No |
Can TDS(Tax Deducted at source) expense be called Selling General and Administrative expense in Profit and loss statement,Or should it be included under head Provision for Taxation
What is the basic entries of cash and bank with a trading company.
what is meant by spin-off
What is band and why the company needs this?
what is MICR CODE AND BSR CODE HOW IT WAS DIFFERENT?
what show in balance sheet after deduct last depreciation of assets
what is share spilitting
What is capital?
in tally how to enter cheque receipts and cheque payments
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?
If a company monthly sales is 7,567075.03, variable cost 5,114,902.05 and fixed cost 1855268.11. What will be the Break even point ?
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
Audit 
