Challenger App

No.1 PSC Learning App

1M+ Downloads
Preliminary expenses is an example of :

ACurrent Asset

BReal Asset

CFixed Asset

DFictitious Asset

Answer:

D. Fictitious Asset


Related Questions:

Current Assets are also called _______
Debit balance of Personal Account indicates
Trade charges are debited in ___________ account of a co-operative society
Make or buy decision is made by comparing purchase price outside with
When a cheque deposited with bank is dishonoured, it will be recorded in cash book in :