……………….. is an example for fictitious asset.

Related MCQs

• …………….. is an example of wasting asset
• Credit purchase of fixed asset is recorded in
• On which of the following asset, depreciation is charged on ‘Depletion method’
• Reduction in value of asset due to its continuous use is treated as
• The value of an asset after deducting depreciation from the historical cost is known as
• Purchase of a fixed asset on credit basis is recorded in …………….
• Which one of the following is an example of Personal Account?
• Cost of goods purchased for resale is an example of
• Following is not the example of external users