Answer Posted / ravindra
contingent asset means eg- if active partner and sleeping
partner are fighting for particular asset the lawyer advised
to settle the matter in the court. depending up on the court
final judgment if the judgment was in favour of whom will be
holding the asset
Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
what are the models of valuation of the company
What is the difference between income statement & Profit&loss A/c?
how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?
wHAT ARE EVENTS
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
Short answer on Allowances
How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?
What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?
Expand ________FIPB
Telly ERP9 is perfect accounting softwear in excise unit.
What is ABC Analysis in industrial function. hw can it s maintain ?
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 meant by retiring Bill
Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account
If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not