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What among followings is Preliminary Expenses categorized under -?

(a)Fictitious Asset

(b)Current liability

(c)Current asset

(d)None of the above

Accounting Expenses Leadership Finance Management
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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/08/20
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lynn feghali
by lynn feghali , Production coordinator , freelancer

a) fictions asset it means assets that cannot be visible like preliminary expenses 

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

(a)Fictitious Asset-------------------------------------

Mohammed Asim Nehal
by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

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