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
EXPAND______________IARCS
How do you plan to achieve these goals
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
Expand---------PED
bank exam paper
what is status report? and flow report?
Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
What is corporate restructuring?
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
Expand---------NPTO
I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.
Purchase book is a ----------journal