Fictitious assets means any expendicture, the benefits which will be spread over a period of time not only to the current period. Any expendicture we made for huge advertisements resulted for a period of time. hence its is classifying as fictitious asset.
What is written down Value method?
Explain What is an accrual?
Explain cost sheet-orientation and understating of problems?
What experience do you have with general ledger?
Explain Which of the following is not included in the government accounting Balance Sheet
Please give me your self introduction as a general ledger?
List some steps for balancing of ledger account?
What do you know about balancing a ledger account?
Tell me what are the purposes of maintaining control ledgers?
List some steps for reconciliation process at account level?
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