What is meant by the Ficititious Assets?
Answer Posted / gangaiah
ficitious assets is a assets its not appearing and not
touching. ex prilimanary expences, good will
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.
The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
What exactly balance sheet depicts
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
how to entery pass in tally when items damage(items insured)and claim to insurance co.
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?
Define capital
How & When We Calculate Deffered Tax... Please Give me Some Example.?
A----------involves transfer of money or moneys worth from one person to another
what is status report? and flow report?
what is organic profit? and how it is calculated?
while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??
what is the meaning of Processing Vendor/Employee payments
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account