what is the difference between intangible assets and
fictious assets
Answer Posted / sreedhaam
Intangible assets are basically fixed assets that have no
physical status (e.g. goodwill, patentright,copyright
etc) . Fictitious assets also have no physical existence
but they only include the assets having the nature of
deffered revenue expenditures (e.g. deffered advertisement
expenses, discount on issue of shares or debentures).
| Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
what is the uniform public construction cost accounting act?
how to do the recurring entries or steps to follow that
Data flow of Accounts payable to General ledger?
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule
what are the new rules of central excise ?
What do you think you do well?
How can you actualize cah flows of 5 years at 8%
Queries for Big4 Articleship : Whether son of CA in practice effects chances.
Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950
define accounting,scope of account , types of account ?
What is accounts payable?
give the details of overheads which are not included in costing
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?