Answer Posted / jata shankar dubey
The meaning of fictitious assets is the assets which is not tangible in nature but the actual expense shown in the balance sheet.Example-debit balance of the p&L account which is shown in the balance sheet,misslinious expenses shown in the balance sheet.The fictitious assets written off after a period of time.
| Is This Answer Correct ? | 23 Yes | 9 No |
Post New Answer View All Answers
I need all WNS interview questions
Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
what is Exposure ?
What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.
genpact uk based shift timings? and R2R job profile?
What are the types of journal categories available in the Oracle AP?
Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
what are the certificates needed at the time of SBI clerical interview?
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
payroll calculation procedure explain completely?
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
Do you need an income statement if you do part time contract work at home?
I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.
