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What is fictitous assets

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What is fictitous assets

    • Posted by Joban Bagri 6 years, 10 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Rashida Khan 6 years, 10 months ago

    Fictitious assets are, losses not written off in the year in which they are recorded but in more then one accounting year . Example : advertisement expenses

    0Thank You

    Kalpana Sharma 6 years, 10 months ago

    These are those assets which do not have any value means jinki koi value nahi hoti for example P&L debit balance

    2Thank You

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