Answer Posted / mahesh babu

A contingent iability is a liability which may or may not
arise in the future depending on the happening or non
happening of an event.This contingent liability we not
consider in Balance sheet because may be some times it will
be happening or may not be happening.We will make a one
note for contingfent liabilities in audit file.

How do you plan to achieve these goals

2292

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discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?

1839

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1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?

1827

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Define the word Profit in terms of business

2088

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1.What are the basic accounting Standards ?? 2.What is the main importance of Bank Reconcilation Statement? 3. What is Form 407 in Vat ??

2033

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what is article of association? what is memorandum of association?

2257

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Which Invoice issued on Central Sale Commercial or Retail?

2003

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let me know the difference between net cash flow and income

2197

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Purchase book is a ----------journal

2164

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All Accounting Question Related Send Me ..

2091

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Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

2185

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how to solved the shares qusionas ?

2027

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WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?

2003

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HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

1906

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Short Answer on -----Trade mark

1855

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