Question

while deciding net asset value, fictitious asset ______.
1)should be considered
2)should not be considered
3)added to total assets
4)none of the above ​

Answer 1

Explanation:

Fixed assets have to be considered at their realizable value. Valuation of goodwill as a part of intangible assets is important. Even unrecorded assets and liabilities to be considered. The fictitious assets such as preliminary expenses, discount on issue of shares and debentures, accumulated losses etc.

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Answer 2

Answer:

should not br considered.