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 Contingent Liabilities are shown : 
  • a)
    As current Liability 
  • b)
    As Capital fund 
  • c)
    As footnotes to balance sheet 
  • d)
    As Reserves 
Correct answer is option 'C'. Can you explain this answer?
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Contingent Liabilities are shown :a)As current Liabilityb)As Capital fundc)As footnotes to balance sheetd)As ReservesCorrect answer is option 'C'. Can you explain this answer?
Question Description
Contingent Liabilities are shown :a)As current Liabilityb)As Capital fundc)As footnotes to balance sheetd)As ReservesCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Contingent Liabilities are shown :a)As current Liabilityb)As Capital fundc)As footnotes to balance sheetd)As ReservesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Contingent Liabilities are shown :a)As current Liabilityb)As Capital fundc)As footnotes to balance sheetd)As ReservesCorrect answer is option 'C'. Can you explain this answer?.
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