Interested to Buy Any Domain ? << Click Here >> for more details...
what is fictitious asset
- 3 Answers
- 7217 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rakesh kumar prasad
fictitious assets are those assets those do not have
physical form or existence and they can not be touch or
feel. These are not the real assets. These are the items of
such expenses and losses which have not been written off in
full.it only includes the assets having the nature of
deffered revenue expenditures viz, deffered advertisement
expenses, discount on issue of shares or debentures. These
are the assets out of which benefit or profit for more than
one accounting year is available.
examples,
preliminary expenses,
under writing commission,
discount on issue of shares or debentures etc
| Is This Answer Correct ? | 14 Yes | 0 No |
Answer / suravi
Fictitious. Asset is a asset which is intangible such that which cannot be touched but it has a value ...for.e.g patents, trademarks, goodwill
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / yogesh
fictious assets are those who are not visible like company
goodwill, patenet etc.
| Is This Answer Correct ? | 5 Yes | 6 No |
4_ _ _ 4 _ _ _ 4_ _ _ 4 =20 use +,-,/,* to solve ot
What Is Differ tax,
if i am getting 165000 than should i dedected on my salary or not?
wages and labour entry
Explain have you ever prepared mis reports and what are these?
what is the accouniting
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
What is vat adjustment?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
what is amortization?
what is mean by DDU SHIPMENT AND DDP SHIPMENT
how to finalised the Balance sheet & profit & loss A/C
Audit 
