Examples of Outstanding Liabilities in a sentence
However, contingent assets are assessed continually and if it is virtually certain that an inflow of economic benefits will arise, the asset and related income are recognized in the period in which the change occurs.Liabilities on account of derivative contracts are reported under Contingent Liabilities under sub- heading Outstanding Liabilities for Forward Exchange Contract.
Outstanding Liabilities with AEPC The applicant company must not have any outstanding liability with AEPC older than two years.
However, contingent assets are assessed continually and if it is virtually certain that an inflow of economic benefits will arise, the asset and related income are recognized in the period in which the change occurs.Liabilities on account of derivative contracts are reported under Contingent Liabilities under sub - heading Outstanding Liabilities for Forward Exchange Contract.
Similarly claims payable to the tune of `32.68 crore (SCR) relating to the years 2012-13 and 2013-14 were not received from Andhra Pradesh State Government and the same were not shown in the Balance Sheet as Outstanding Liabilities under Demands Payable.
Should Merchant exceed the limit established by ProfitPoint, ProfitPoint may suspend processing, establish a reserve account, or take other actions as deemed necessary by ProfitPoint to guarantee the repayment of Outstanding Liabilities.