डिस्टिंग्विश बिटवीन कंटिजेंट लायबिलिटी एंड करंट लायबिलिटी
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aree Hindi ,hindiii as u know now a days our society prefer English more than Hindi Soo why u can't asked a question in English language
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Differences between contingent liabilities and current liabilities:-
Current and contingent liabilities are both important financial matters for a business. The primary difference between the two is that a current liability is an amount that you already owe, whereas a contingent liability refers to an amount that you could potentially owe depending on how certain events transpire.
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