what are fictious assets? give some examples?
Answer Posted / b.srikant rao
Fictitious Assets: assets, such as prepayments, which do
not have a resale value, but which are entered as assets on
a company's balance sheet.
| Is This Answer Correct ? | 131 Yes | 43 No |
Post New Answer View All Answers
Weather Entry tax on consumable goods purchased against CST
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
Expand-------SNAT
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
how history is helpful for banking?
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
How exchange rates are maintained in sap
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
what is purchase tax in rajasthan.
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
what is Ratio Analysis ?
How can a company reduce profit
Expand ----------GIDB