Accountancy, asked by anturayimran23, 7 months ago

fictitious assets written off then

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Answered by tanishkabhosale0923

Answer:

Fictitious assets are written off against the firm's earnings more than one accounting period. Basically, they are amortized over a period of time. They are recorded as assets in financial statements only to be written off later.

Answered by areenofficial12331

Fictitious assets are written off against the firm's earnings more than one accounting period. Basically, they amortized over a period of time.

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fictitious assets written off then​

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fictitious assets written off then