Creditors include rs.8000 for contingent liability …
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Creditors include rs.8000 for contingent liability which is not yet matured.
Pass the journal entry in terms of revaluation.
Posted by Anil Kumar Sharma 6 years, 3 months ago
- 2 answers
Harika Muskan 6 years, 3 months ago
No entry is passed in this case bcoz there is no increase or decrease in liability.
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Rajip Chowdhury 6 years, 3 months ago
0Thank You