What is meaning of ficticious asset

Answer Posted / ramana

fictious assets are those assets which are not represented
by tangable possession or property eg,priliminary
expensis, dr balance of p/l a/c

Is This Answer Correct ?    25 Yes 14 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com

1687


what are the models of valuation of the company

1550


Difference between nonoperating expentiture and non cash expenditure

1918


What is payment/receipt/period accruals?

1280


For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax

1576






while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

1558


explain the financialand economic meaning of investment?

1754


Short Answer on ______Transaction

1539


Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance

1555


what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record

1799


what is purchase tax in rajasthan.

1580


Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?

1625


i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

1818


Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?

621


what is difference between venture capital financing and equity financing?

1511