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(Querist)
29 August 2013 dear sir,
can anybody tell me what is the difference between fictitious asset and deferred revenue expenditure.plz explain with suitable example..

waiting for your reply?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
31 August 2013 Deferred revenue expenses which incurred any expenses having benefit more than one year.

fictitious asset is which is created without incurring any expenses

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