Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What are the contingent liabilities ?



What are the contingent liabilities ?..

Answer / pradipta acharya

Contingent liabilities are liabilities that may or may not
be incurred by an entity depending on the outcome of a
future event such as a court case. These liabilities are
recorded in a company's accounts and shown in the balance
sheet when both probable and reasonably estimable.

Is This Answer Correct ?    7 Yes 0 No

Post New Answer

More Accounting General Interview Questions

how to individual capital account.

0 Answers  


for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?

1 Answers  


what is journal entry of reserve for doutful debts.

3 Answers  


Tell me what is tally accounting?

0 Answers  


what is differnce between balance sheet of a bank & a company

0 Answers   Banking, Standard Chartered,


purchased a laptop for Rs.50000 and received one calculator costing Rs.1000 for free. Both laptop and calculator (stationery in nature) are meant for office use.What will be the journal entry in the books of both the parties?

21 Answers  


what is reccission?how it is started

1 Answers  


What is menat by INVOICE?

3 Answers  


what is retention? how caculate on asset

0 Answers  


Received intrest Rs.50 on advanve income-tax paid.

1 Answers  


What is a Funds flow statement?

5 Answers  


trial balance is not a conclusive..?

4 Answers  


Categories