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Kindly elaborate with example...?

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Question added by Khaliq Raza MBA MS CFE AFA , Finance Manager , Vertex Trading
Date Posted: 2017/03/18
Mohammad Iqbal Abubaker
by Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator

Fictitious Assets Definition: Assets, which have no market value, are called fictitious assets. Examples of fictitious assets are preliminary expenses, loss on issue .

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