Why discount on issue of debenture is shown as ficitious
assest in Balance sheet ..? same why preliminary expenses
ia also shown as ficitious assets in Balance sheet :?

Answer Posted / radhika didwania

It is shown in pl a/c in finance cost.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell us what is the abbreviation for the accounting terms debit and credit?

673


What is computerized accounting?

638


Do you possess any knowledge about accounting standards?

659


Purchase and sales sahres accounting entry which have stt brokerage and other taxes

3582


Explain fictitious assets?

608






What is icai?

702


In accounting, how do you define the premises?

742


What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?

2941


Tell me in accounting, how do you define premises?

720


How do we calculate the cost of investment?

1300


What are accounting entities?

617


in terms of accounting the trial balance when is it taken?

620


Explain different branches of accounting?

748


What information is included in a bill for services?

601


what s account

1638