Accountancy, asked by asabhi9137, 4 months ago

Fictitious assets are shown under

Attachments:

Answers

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%

THANK YOU

PLZ FOLLOW ME FOR MORE ANSWERS

Previous Question

Next Question

Similar questions

Math, 2 months ago

A rectangle has the area equal to that of a square of side 60 cm. If the breadth of rectangle is 20 cm find its length. is four times its width and which has an area...

Math, 2 months ago

check the following numbers whether each of them is a perfect square or not 1. 36000 2. 21600 3. 10000 5. 27000000 ...

Geography, 2 months ago

12. What helps reduce transpiration in Mediterranean trees? (a) Thick Bark (b) Wax coated leaves (c) None of these (d) Both of these...

Math, 4 months ago