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प्रश्न
Give one example of fictitious assets.
एका वाक्यात उत्तर
उत्तर
Preliminary costs are an example of fictional assets. These are the expenses incurred during the formation of a business, such as legal fees, registration fees, and promotional charges.
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Classification of Assets and Liabilities
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संबंधित प्रश्न
What are liquid assets?
What are contingent liabilities?
Give two examples of fictitious assets.
Mention two contingent liabilities.
Give a classification of assets.
What are fictitious assets?
Give one difference between fixed assets and current assets.
Explain current assets with an example.
Name the different types of liabilities.
Explain Liability.
