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what is ficticious assets

  
Total Answers and Comments: 7 Last Update: August 27, 2007     Asked by: ravindar goud 
  
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 Best Rated Answer
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Submitted by: C.A Vikas & Seemant & co.
 
ficticius assets are those assets which are not write off at once and which are not treated as fixed assets like Deffered revenue Expenditure.

Above answer was rated as good by the following members:
Venugopalnair_s
July 31, 2006 04:25:26   
Shruti        
RE: what is ficticious assets
Ficticious assets are discount on issue of debentures loss on issue of debentures.
 
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August 27, 2006 14:55:41   
Renuka.k        
RE: what is ficticious assets
Ficititious asset do not have concrete form and it is not realisable by cash.Eg-preliminary expenses.adversiting exps disc. on issue of shares/debenture dvpt exps.
 
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September 30, 2006 01:51:36   
ravi        
RE: what is ficticious assets
Asset Which We Create are known as Ficticious Assets.
 
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October 16, 2006 08:40:57   
T.susheelkumar        
RE: what is ficticious assets

fictictious where there on movement of cash just it is book entry


 
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December 10, 2006 04:31:32   
chowdary.thakkella        
RE: what is ficticious assets
Ficticious are assets not seeable items like goodwill patents copy rights royalties.
 
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December 14, 2006 00:35:59   
sreevani        
RE: what is ficticious assets
ficticious assests are those assests which are not invisible in nature but they are value is enjoyed. ex such as goodwill copyrigths patents revenueexp suchas advertisments etc.
 
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August 27, 2007 05:47:12   
C.A Vikas & Seemant & co.        
RE: what is ficticious assets
ficticius assets are those assets which are not write off at once and which are not treated as fixed assets like Deffered revenue Expenditure.
 
Is this answer useful? Yes | NoAnswer is useful 1   Answer is not useful 0Overall Rating: +1    


 
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