Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What do you mean by contingent liability?

Answer Posted / jubeda

CONTINGENT LIABILITY IS THAT IT IS TO BE PAID OR NOT IN
FUTURE ITMEANS IT MAY ARISE/N

Is This Answer Correct ?    17 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why is accuracy important in accounting?

1037


Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales

1657


What are the different fields of accounting?

1010


As you know executive accounting?

968


Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect

1838


Do you know public accounting?

1047


What is accounting transaction?

1006


HOW CAN WE CONVERT IN CFT TO A ROUND LOG??

1833


What is an interlocking accounting system?

1375


Which kind of transactions are not recorded in the books of account?

1807


how many view the tally backup erp9 after the tally backup in tally

1904


Can you name any other accounting application?

1089


In accounting, how do you define the premises?

1214


What is the abbreviation for the accounting terms debit and credit?

979


Tell me what is working capital?

1097