Fictitious Assets (Meaning, Examples, Quiz) - Accounting Capital
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accountingcapital.com
Fictitious Assets (Meaning, Examples, Quiz) - Accounting Capital
Fictitious assets are expenses & losses which are not written off during the current accounting period. Examples, preliminary expenses..
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Renan Manhães on Instagram: "Because every capitalist crisis follows the same brutal mechanism. When a bubble pops, fictitious capital evaporates, assets that were worth “X” suddenly become “X divided by 10.” And once that happens, investors, banks, and funds rush to liquidate whatever real assets they still have. That liquidation triggers a chain reaction: one sale forces another, credit freezes, and liquidity vanishes from the market entirely, a highly concentrate market as we seen right now
0:06
Renan Manhães on Instagram: "Because every capitalist crisis follows the same brutal mechanism. When a bubble pops, fictitious capital evaporates, assets that were worth “X” suddenly become “X divided by 10.” And once that happens, investors, banks, and funds rush to liquidate whatever real assets they still have. That liquidation triggers a chain reaction: one sale forces another, credit freezes, and liquidity vanishes from the market entirely, a highly concentrate market as we seen right now
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