Interested to Buy Any Domain ? << Click Here >> for more details...
what is contigent liability
- 5 Answers
- 12097 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rajesh jaiswal
Contingent liabilities are liabilities that may or may not
be incurred by an entity depending on the outcome of a
future.
Also it is short term Liability
| Is This Answer Correct ? | 25 Yes | 1 No |
Answer / 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 |
Answer / pushpender jangid
Contingent liabilities also liability but it's depending on
future decision. contingent liabilities also show in below
balance sheet.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / balu reddy
contingent liability is a liability that due depending on
the future events such as court case etc....it is recorded
in company accounts and shown in the balance sheet...........
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / trilok satwani
contigent
liabilities are
those liabilities
which may or may
nt be appear in
the future..
e.g. legal case
| Is This Answer Correct ? | 1 Yes | 1 No |
ledger entry for outstanding salaries
10 Answers D Link, ITC Infotech, Northern Trust,
what will be entry if fixed deposit mature & bank deduct tds also on it
List the type of transactions entered in journal proper.
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
why don't we take cash and bank accounts into realisation a/c
parent company loss deduct from subsidiary company proft
Journal entry for Salary paid 100000/- in which (1)pf (2)esi (3) professional tax included
What is the meaning of contra entry
What is the meaning of Journal Voucher? when u have to use this transaction tell me breif?
What is difference between provisional and projected balance Sheet
Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?
double entry system
1 Answers Spedag Interfreight,
Audit 
