Question

What is Fictitious Asset...??
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Answer 1

Fictitious assets are those assets that have no real existence.

They give long term benefits to business because expenses and losses are not written off during the relevant year.

For e.g -

1. Discount allowed on share issued.

2. Preliminary expenses.

Thanks

Answer 2

Answer:

hi snap or print

Explanation:

Id nhi dogi kya

Its mayank