GeekInterview.com
   Home |  Tech FAQ  |   Interview Questions |  Placement Papers |  Tech Articles |  Learn |  Freelance Projects |  Online Testing |  Geeks Talk |  Job Postings |  Knowledge Base | Site Search |  Add/Ask Question

  GeekInterview.com  >  Interview Questions  >  Accounting

 Print  |  
Question:  What is Contingent Liabilities?



July 07, 2006 04:41:22 #3
 Shruti   Member Since: Visitor    Total Comments: N/A 
RE: What is Contingent Liabilities?
 
Contigent Liability is the liability which may occur or which may not occur  in future.And it is shown in the foot note of the Balance Sheet.
     

 

Back To Question