Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / raghava.i
contingent assets are thouse assets which are some thing
happend then thouse assets are called contingent.
Ex: we ordered of any stock or mechanery from
ouside country they or comming on flight if when they was
safly received then thouse things are called contingent
assets.
| Is This Answer Correct ? | 6 Yes | 6 No |
Post New Answer View All Answers
What is Analysing
what are the purpose for the preparation of cost centre ?
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
how Mis reports are used?n why it is used ? explain
what is payment method?How many payment method we can assign to company code.
i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp
how to check which item is sold by the sundry debtors in tally?
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
Expand-------NBTA
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
Whatis new GL & Odd G.L What is the difference between these two.
EXPAND______________ICT
Short Answer on __________Trade
Where to enter bonus and pf esi in tally pls help for me
What is the content of purchase order? n content of voucher? what is the main use of voucher.
