Answer Posted / bhaskar

Fictitious assets-fictitious assets are deffered revenue
expenditure whose benefit is derived over long period of time.Even
accumalated losses are also fictitious assets as they are written
off over a period of time.All fictitious assets are intangible but
all intangible assets are not fictitious.ex
goodwill.patents,trademarks,copyrights are intangible but not
fictitious.following are the examples of fictitious assets are-
preliminary expenses,discount on issue on debenture and
shares,underwriting commission,miscellaneous expenditure,profit
and loss(dr).

Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account

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company accounts introduction?

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EXPAND_________SCM

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i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

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What is accounts payable?

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What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?

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how to calculate stt

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what is purchase consideration? How does it come about and how is it treated in the books?

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WhatIs the limit of duty exemption in smal scale industries.

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which kind of expenses or Income will come under direct expenses or Income ?

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If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.

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explain about mergers & aquisitions? asked on 30/7/09

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What will be entry pass in tally if TDS paid by Credit Card.?

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What is dematerialisation and its benefits?

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