what is the meaning of deferred revenue ? give me some
examples

Answers were Sorted based on User's Feedback



what is the meaning of deferred revenue ? give me some examples..

Answer / siddeeq

benìfit of these revenue morethan one accounting year
eg:advertisment

Is This Answer Correct ?    4 Yes 1 No

what is the meaning of deferred revenue ? give me some examples..

Answer / kiran kumar .r

Expenditure inccured is revenue nature but the benefit of
that expenditure will be received by the company not only in
the current year in future years also.

Best and easy eg heavy advertisement made by the company
while introducing a new product.

Is This Answer Correct ?    2 Yes 2 No

what is the meaning of deferred revenue ? give me some examples..

Answer / vijay

The expenditure which is of revenue nature but its benefit will be for a very long period is called deffered revenue expenditure.
Ex: Advertisement expenses
A part of such expenditure is shown in P&L a/c and remaining amount is shown on the assests side of B/S.

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Accounting General Interview Questions

Why we show always closing stock in credit?

8 Answers   FactSet Systems,


WHAT IS A CREDIT NOTE AND DEBIT NOTE IN RESPECT TO A TRADING COMPANY?

3 Answers  


what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?

0 Answers  


In which book of prime entry would the vat output Vat on credit sale be recorded?

2 Answers   Digitals India security, Genpact, Marketing Sales, SSIL,


whah is price earning formula?

9 Answers   FactSet Systems,






I am kind of confused between VAT and income tax! and am i supposed to use them both in the income statement?

1 Answers  


what are the disadvantages of back-flush accounting?

0 Answers  


2- What is the difference between cash book and journals?

1 Answers   SEFL,


what is addition of Opening Balance and net profit transfered from profit and loss account called

0 Answers  


Explain what is the disadvantage of double entry system?

0 Answers  


If A is Employee of the co. his salary is 100000 per month. tds is 20000 Rs. Professional tax is 200. then please tell me how to enter in Journal & payment vouchers in tally

9 Answers  


Factors that affect the requirement of working capital ?

3 Answers  


Categories