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Give one example of contingent liability? - Accounts

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Give one example of contingent liability?

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उत्तर

A legal case filed against the company by a former supplier for ₹ 5,00,000, which is still pending in court.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 9: Financial Statements of Companies - SHORT ANSWER QUESTIONS [पृष्ठ ९.५३]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 9 Financial Statements of Companies
SHORT ANSWER QUESTIONS | Q 5. b | पृष्ठ ९.५३
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