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Answer Posted / biswa darshan
Contigent Asset is a unasured asset which is treated under
current asset. It's clearance is not clear till iot is
encashed. for example Cheque, Bill receibable etc.
| Is This Answer Correct ? | 9 Yes | 21 No |
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I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
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