Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between intangible assets and
fictious assets
- 5 Answers
- 25232 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / zia muhammad
Fictitious assets-fictitious assets are deffered revenue expenditure whose benefit is derived over long period of time.Even accumalated losses are also fictitious assets as they are written off over a period of time.All fictitious assets are intangible but all intangible assets are not fictitious.ex goodwill.patents,trademarks,copyrights are intangible but not fictitious.following are the examples of fictitious assets are-preliminary expenses,discount on issue on debenture and shares,underwriting commission,miscellaneous expenditure,profit and loss(dr
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
would gross expenditure vouch the correctness or otherwise of the given expenses?
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
What is ABC Analysis in industrial function. hw can it s maintain ?
• What is depreciation and the method?
what is automatic payment in sap fico
what s BSPL and its significance?
what is undisclosed profit? explain
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
What is the journal entry for Call and a Put option both in the books of buyer and seller
Three steps for correction in BRS?
What are the accounting conventions and Practices?
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
describe how accuracy in trial balance is a prime objective for preparing the financial statements?
it is better to invest in which securities short term/long term or both? please reason4 the same
