Answer Posted / jata shankar dubey
The meaning of fictitious assets is the assets which is not tangible in nature but the actual expense shown in the balance sheet.Example-debit balance of the p&L account which is shown in the balance sheet,misslinious expenses shown in the balance sheet.The fictitious assets written off after a period of time.
| Is This Answer Correct ? | 23 Yes | 9 No |
Post New Answer View All Answers
i want report country wise with invoice number for gl account
What is the basic difference between pledge, hypothication and mortgage????
What is communicating
Breif notes about accounting standards
My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?
What is SOX
what are the payroll procedures?
What is the accounting treatment for finance lease in lessee's viewpoint?
we want all sbi previous questions papers in our e.mail krishna2043 on yahoo
what is GL Balance
What part can management policy play in the analysis of cost behaviour?
what is absorbtion coasting?
why do u want to join bpo sector
Expand---------PDCB
what is transposition-cum-demat?