Interested to Buy Any Domain ? << Click Here >> for more details...
contiagent liabilty
- 5 Answers
- 9471 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ravi
might be payable or might not be payable depending up on
the judgement given by the court and it will be recorded
in foot note of balance sheet on liabilities side
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / durga bhavani
it is uncertain it is shown under the balance sheet this is
depend upon uncertain future event it may occur in future
according to accounting equation approach the comapany
consider all liablities
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ullas patil kulkarni
It is the future obligation that may or may not met.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / kalyani
1. The possibility of an obligation to pay certain sums
dependent on future events.
2. Defined obligations by a company that must be met, but
the probability of payment is minimal.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sanjog bajaj
CONTINGENT LIABILITIES ARE NOT THE REAL LIABILITIES,IT SHOWS
BELOW THE BALANCE SHEET AS A NOTE.
| Is This Answer Correct ? | 0 Yes | 0 No |
Expand ________GTIS
What balance will be entered in the cash book?
What is Acquisition?
depreciation is loss or expense
Expand F I P B
Concept of NAV and its formula?
Restrictions or limitations of members in banking Firms -------other firms
Do you take interview for Your Assistant at your field, yes so what is first Question
what is investment
hi friend iam looking for a Accounting job can any body help me for the interview questions. can any body send me the Accounts intervoew questions please this is my email:-subhashnaidu1984@gmail.com
all BESCOM exam papers
treatment of P&L A/c 's balance in trial balance and balancesheet
Audit 
