An obligation which may or may not materialize is a/an _______________.
A) Loss
B) Asset
C) Contingent Liability
D) None of the above
Correct Answer:
Verified
Q19: Kuntal draws a bill on shyam for
Q20: Bad debts are apportioned among departments in
Q21: Which of the following is not a
Q22: _ is equal to estimated selling price
Q23: _ are investments which are held beyond
Q25: _ voucher denotes payment of cash.
A)Cash Payment
B)Cash
Q26: Which of the following is an example
Q27: Which of the following errors is not
Q28: _ is specially suited to mines, oil
Q29: The following account has a credit balance
A)Plant
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents