Answer / suresh.n

It is a liability which may or may not be arrise in future.

Ex: Court cases, Bill discounting.

Answer / santy

Contingent liability is the liability which is depend upon
happening of certain events in the future’s the liability
may be payable or may not be. So we need to consider this
liability in the financial statement.

plz send me a solved paper on SBI of clerk post

0 Answers   State Bank Of India SBI,

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2 Answers   Capital IQ,

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PL TELL ME PHONE OR MOBAIL IS OUR ASSETS IF YES CAN I TAKE AS ASSETS IN MY BALANCESHEET & PL TELL ME DEPRECIATION JOURNAL ENTRY

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how to maintain E-Commerce companies accounts

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How many types of banking accounts? tell me about that

20 Answers   Andhra Bank, Bank of Baroda, Canara Bank, Chartered Accountant, Indian Bank,

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1 Answers   Gamma,

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10 Answers   Capital IQ,

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Expand ------OMC

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what is the differences among issued,paidup,authorised,subscribed capitals?

9 Answers   Zee,

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Expand------MRTS

2 Answers  

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How Many kind of expenses or Income will come under direct expenses or Income ?

5 Answers   FedEx,

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