Answer Posted / himanshi
contingent liability is that liability of the occurence of
which is uncertain. this liability is not shown in the
balance sheet rather below the balance sheet on the
liability side.
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
is we can prepare any account for partnership in tally
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
hai! i am a BE(computer science) graduate with 54% of aggregate looking for bank clerk job? in interview they are asking why are you looking for a bank job and what guareente that once you are selected ? plz guide me?
What is computerized accounting?
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.
Cash Processing
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf
Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?
What Is Responsibility Accounting?
Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
Where do we create House banks and what is the process in sap fico
what is the deference between depreciation explanation
What is fractional code and how can i get a fractional code for a particular account?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
