Shruti

• Jul 31st, 2006

 

Ficticious assets are discount on issue of debentures,loss on issue of debentures.

Renuka.k

• Aug 27th, 2006

 

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.

ravi

• Sep 30th, 2006

 

Asset Which We Create are known as Ficticious Assets.

T.susheelkumar

• Oct 16th, 2006

 

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

chowdary.thakkella

• Dec 10th, 2006

 

Ficticious are assets not seeable items like goodwill, patents, copy rights, royalties.

sreevani

• Dec 14th, 2006

 

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.

C.A Vikas & Seemant & co.

• Aug 27th, 2007

 

ficticius assets are those assets which are not write off at once and which are not treated as fixed assets like Deffered revenue Expenditure.