Accountancy, asked by nikitawadhawan886, 3 months ago

Contingent liablity is an ascertained liability but its amount and due date are indeterminate true or fasle?

Answers

Answered by foolishmonkey
1

Answer:

false

Explanation:

first of all, Contingent liablity is not an ascertained liability so it's amount can't be determined on due date

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