Gunjan Asked a Question
March 14, 2021 8:50 ampts 30 pts
contigent liabilities means and plz plz tell me how i prepare ques for bus env
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  • Rucha rajesh shingvekar
    Description: A contingent liability is a liability or a potential loss that may occur in the future depending on the outcome of a specific event. ... Potential lawsuits, product wa...
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  • Rahul thankyou
    Contigent liability is the liability which does not accrue at present time , but may arise in future.. it does not show in the financial statement in any heading but company may s...
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