what are fictious assets? give some examples?
Answer Posted / k.ramkumar
Fictitious assets are those which cant be debited in P&L a/c in the same year in which they are incurred.These are deffered revenue expenditure .These are intangible assets and are written off over a period of time.
Eg loss on issue on shares Management expense,Preliminary expense,Advertisement expense.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Can anybody tell me how much salary m show in my resume for expection for the next job m graduate 2year accounts experience?
credit card entry in tally
all of interview question about coop bank of oromia
i need sbi bank clerk exam model question papers
What is Budgeted capital ?
What is Goods Lost by Fire/Accident/Theft ?
How can I explain p2p process in SAP?
fill in the Blanks Share Holders in Company have _____________Liability
If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.
why should we are preparing BRS
Three steps for correction in BRS?
is anybody attended interview in ernst&young for EMS PROCESS , pls let me know abt the written test and what type of report writing
What is the Formula For Return on Working Capital
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
what is futures and options?