What is meant by the Ficititious Assets?
Answer Posted / mallikarjuna
Fictitious assets like intangible asset... because it's not
represent physically..
Ex: preliminary expenses
discount on shares or debentures
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
Hi friends can you send me the Accounting Interview questions with a interview experienced questions please
what is cost accountinp
what is Exposure ?
what is new updates in account
With a 600 credit score, how to improve my credit rating score?
what is ment by master in tally?
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
what is the use of accounting standards
objective of accounting
CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c
what is Calculation of Depreciation for 4 to 5 Years?
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?
what is the main difference between nse & bse operations
what is purchase consideration? How does it come about and how is it treated in the books?
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE