Accountancy, asked by rahulgupta41492, 7 months ago

what are the example of fictitious asset

Answers

Answered by jyoti1407

1

Answer:

advertisement expenses, debentures

Answered by firdousnida05

2

Answer:

Fictitious assets are those assets which are not real but whose benefits are derived by the company over long period of time .

Examples :- Business promotion expenses

Preliminary expenses

Discount on issue of debenture

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