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Q. What do you mean by Contingent liabilities?
Contingent liabilities -- liabilities which are not recorded on a company's financial reports though whichmight become due. If a company is being sued, it has a contingent liability which will become areal liability if company loses the suit.
Assume we are a trading company giving devices and sometimes after sales service. when any fault came we just replace the hardware from another defective device and getting the pay
Need to get my Balance Sheet solved
what is the BRS
Describe how the QuickZoom feature of QuickBooks does or does not provide the same help in the statement of cash flows as it does in the income statement.
owner invested 80000 cash and 2000 office equpmeent in to the business bank account
what are the levels of accounting theory
what is accrued revenue
An accounting ledger that reveals the transaction history and amounts owed independently for each supplier from whom the business gets credit for purchases. The balance in the cust
The t/p bill for this month was 200,the company will pay it next month what is the journal entry for this?
how to make adjusting entries
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