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प्रश्न
Mention two contingent liabilities.
एका वाक्यात उत्तर
उत्तर
Examples of contingent liabilities include liability for discounted bills, disputed claims, damage suits and loan guarantees.
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Classification of Assets and Liabilities
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संबंधित प्रश्न
What are liquid assets?
What are contingent liabilities?
Give a classification of assets.
Give a classification of liabilities.
What are fictitious assets?
Give one example of fictitious assets.
Give one difference between fixed assets and current assets.
Explain current assets with an example.
Name the different types of liabilities.
Explain Liability.