Interested to Buy Any Domain ? << Click Here >> for more details...
2. Contingent liabilities should be recorded in the
books when;
a) It is probable that the future events will occur
b) The amount of the liability can be reasonable
estimated.
c) Both (a) and (b)
d) Either (a) or (b)
- 2 Answers
- 6952 Views
- FactSet Systems, India Infoline, I also Faced
- E-Mail Answers
Answer Posted / kurelladhasharath
contingent liabilities nothing but the amount of the liability can be reasonable estimated
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
what is GL Balance
Name the Accounting Concepts
what is the document spliting?
Expand-------ASRT
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
Expand-------IETF
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
EXPAND_________SCM
what is the procedure for issuing th C form
CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
