If a company has contingent liabilities, they appear in the__________??

Accounting Mcqs
BILAL KHATTAK0

A. Balance Sheet
B. Directors’ report 
C. Notes on account to Balance Sheet 
D. Chairman’s report Contingent liabilities are disclosed in the notes to Balance Sheet

Related Mcqs:

  1. Which of the following statements is correct about Trial Balance??
  2. Recent developments have made much of a company‘s inventory obsolete. This obsolete inventory should be??
  3. Generally the term fund is used to mean the difference between??
  4. Arrangement of Balance Sheet in a logical order is known as __________??
  5. Which of the following is not a financial statement??
  6. Which of the following accounts will be credited if a company purchases building for cash??
  7. Which of the following is known as the base for preparing trial balance??
  8. Which of the following is correct in relation to materiality??
  9. Which of the following statements are / is true? – Events after Balance Sheet are??
  10. Which of the following statements is most closely associated with analytical procedure applied at substantive stage??

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