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Name any fictitious assets? - Accounts

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प्रश्न

Name any fictitious assets?

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उत्तर

Preliminary expenses are fictitious assets that are not real assets but expenses or losses that are shown on the asset side of the Balance Sheet for the time being, as they are not written off yet.

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पाठ 15: Project Work - PROJECT WORK PROBLEMS [पृष्ठ P-64]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 15 Project Work
PROJECT WORK PROBLEMS | Q 35. | पृष्ठ P-64
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