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Give one example of fictitious assets. - Accounts

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प्रश्न

Give one example of fictitious assets.

अति संक्षिप्त उत्तर
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उत्तर

Preliminary costs are an example of fictional assets. These are the expenses incurred during the formation of a business, such as legal fees, registration fees, and promotional charges. 

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: Financial Accounting and Reporting - EXERCISES [पृष्ठ १०२]

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