fictitious assets Welcome to your fictitious assets ............is an example for fictitious asset Machinery Patent Preliminary expense Stock It is shown on the credit side of a horizontal balance sheet TRUE FALSE NONE They are written off against the firm's earning in more than one _ MONTH QUATER YEAR NONE While deciding net asset value, fictitious assets ___________. should be considered should not be considered added to total assets none of the above Fictitious assets are _____ for the business. EXPENSE ASSET LIABILITY Time's up
