Accountancy, asked by asabhi9137, 5 months ago

Fictitious assets are shown under

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Answered by Anonymous

Fictitious assets are shown on the asset side of the balance sheet of a company under the heading Miscellaneous Expenditure.

Answered by rupadevi10169

Answer:

Fictitious Assets are shown in the asset side side of the balance sheet of the company and to be written off to the profit and loss account by decreasing the value of in the Balance Sheet. Quickbooks Desktop Pro 2020, Accounting Software, Now you may save 37%

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