is depreciation a fictious assets?

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is depreciation a fictious assets?..

Answer / a.s.hemanthkumar

it is not a fictious assets

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is depreciation a fictious assets?..

Answer / mukesh sharma

beta there can be depreciation of fictitious assets....like goodwill is a fictitious asset still an accuntant charge amortisation on this.............and also in case of intangible assets the expression "depreciation" replaced by the expression "amortisation"....

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