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 f a limited company
D expenditure on incorporation carried forward
Answer is A
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 f a limited company
D expenditure on incorporation carried forward
Answer is A
