Interested to Buy Any Domain ? << Click Here >> for more details...
Where will Contingent liability appears? And why it is not
appear in Balance sheet?
- 4 Answers
- 23337 Views
- ACS, I also Faced
- E-Mail Answers
Answer Posted / ravi
Contingent Liabilities are doesn't shown in the balance
sheet, it should shown as note under balance sheet, this
liabilities are may be payable or may not be payable, ex:
BGs, LC, liability pending in the court those expenses
maybe payable are maynot be payable
| Is This Answer Correct ? | 36 Yes | 3 No |
Post New Answer View All Answers
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
What is the basic difference between pledge, hypothication and mortgage????
Expand---------DEP
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
what is the good prasentation on interview
What is PE ratio formula ?
Accounting related interview questions on ibm
What are motive behind mergers And acquisitions?
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
Assets are held in the Business for the purpose of____________________
What are the things are not Included in Annual Reports?
What are the general Ledgers?
why you would like to work for the our(AIRLINE) Group ???
bill to addres? ship to addres? rimit to address?
How do you manage the sales account in tally
