answersLogoWhite

0

Which is not a fictitious asset?

Updated: 4/28/2022
User Avatar

Wiki User

12y ago

Best Answer

plant and machinary,land and buildings etc......

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Which is not a fictitious asset?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is fictitious asset?

A fictitious asset is a claimed asset that does not actually exist. It is considered fraud to claim a fictitious asset.


Fictitious asset and its advantage?

A fictitious asset is one that doesn't have a resale value. A prepayment, such as a gift card balance, is a fictitious asset.


What is the meaning of fictitious asset?

fictitious asset for exampal like this (miscellanous expenditure)


Is good is a fictitious asset or fixed asset?

fixed


What is the difference between fictitious assets and intangible Asset?

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).


Is goodwill a fixed asset or fictitious asset?

Goodwill in an intangible asset. It can be purchased or internally-generated. Purchased goodwill can occur when a businesses purchases a company's assets for more than their fair value. Internally-generated goodwill can arise for a few reasons, such as the fact that a company develops a reputation in the industry and in the market. Such a factor is an asset to the company, but is not tangible. I believe accounting principles are fairly restrictive on this type of goodwill.


How do you spell fictitious?

The correct spelling is fictitious.


What sort of human fictitious monsters are around?

I can confidently inform you that there are no fictitious monsters around. I know this because they are fictitious, and fictitious things are exceedingly rare in reality.


Is maragtas story a fictitious or true?

its fictitious but he is known by all peoples


What is the d ifference between Fictitious assets and Intangible Asset?

Intangible assets are basically fixed assets that have no physical status (e.g. goodwill, patentright,copyright etc) . The Intangible assets are written off after a specified period. Fictitious assets also have no physical existence but they only include the assets having the nature of deffered revenue expenditures (e.g. deffered advertisement expenses, discount on issue of shares or debentures).


What is the mining of fictitious?

The mining of fictitious is Wolrd Vision i saw aaryan there! :0


How can i make fluttershy real?

Unfortunately you cannot. Fictitious characters will always be fictitious.