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 is contigent liability and state some examples also.

Answer Posted / bharathi.c

Contingent liability is a liability,which may or may not happen,might be it will happen future event..
example:guarantees.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?

2064


what are the models of valuation of the company

1977


with out college degree con't we dc accounting job?

1980


What is miscellaneous expense and when it is used

2106


why funds management doc is generated during migo and miro

1605


Hi any one send me the configuration steps for make to order and make to stock in sap .send to my mail id c.sujatha2008@gmail.com

2087


what are the new rules of central excise ?

1889


Short Answer on ________Accounts Payables

1944


Up to what time we can show TDS Receivables under Advance Income Tax A/c?

2060


why do think you are best candicate for this post.

2297


If someone knows about the test pattern of Junior executive accounts than please share.

2134


Define the word Profit in terms of business

2143


what is status report? and flow report?

2054


what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year

2571


Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?

2010