Which of the following is not an example of a fictitious asset?
a) Raw materials stock
b) Debit balance of Profit and Loss Account
c) Preliminary expenses of a limited company
d) Expenditure on incorporation carried forward
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Which of the following is not an example of a fictitious asset?
a) Raw materials stock
b) Debit balance of Profit and Loss Account
c) Preliminary expenses of a limited company
d) Expenditure on incorporation carried forward