What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?
Answer Posted / shyamsunder reddy,g
It is basically a form of revenue expenditure but the
benefit from it continues more than a year
Ex:Advertisement given for introducing a new product.
if exp. is huge it can be written of 2 to 3years
Is This Answer Correct ? | 40 Yes | 13 No |
Post New Answer View All Answers
Short Answer on -----Trade mark
please specify some books name in preparing a bank exam apttirutude questions
What is the journal entry for Call and a Put option both in the books of buyer and seller
HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.
Short Answer on _____________Intangible Assets
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
What Are The Characteristics Of Modern Accounting?
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
What three Specific Job Positions do you target from the Industry
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
what salary you expect???
Process of the settlement cycle?
Expand-------SNAT