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
Tutors, Past Questions and Projects.
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