Menu
Question
Which is the asset existing in balance sheet but do not generate income?
Replies (2)
Dear student,
Fictitious assets do not generate income.
For eg. Preliminary expenses not written off.
Regards,
QLI Success oriented coaching for CA and CS
www.qli.co.in
9029083303
Ficititous assets...............
Recent Topics :
- Gift of unlisted shares to friend upon marriage
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
Related Topics :
CAclubindia
