Accountancy, asked by jay559991, 4 months ago

Which liability is not shown in Balance Sheet?

Answers

Answered by radheshyam6441

Answer:

Contingent liabilities is not included in the total of Balance Sheet. The contingent liability will be disclosed in the notes to the financial statements.

Answered by thimmaraja0987

Answer:

Contingent liabilities

Contingent liabilities is not included in the total of Balance Sheet. The contingent liability will be disclosed in the notes to the financial statements.

Explanation:

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