What is Differed revenue expenditure?
Answer Posted / rakesh kumar prasad
Deferred Revenue Expenditures are those expenditures which
have been incurred in an accounting year and they do not
create any assets but their benefit is spread in more than
one accounting year. although it appears in the asset side of
the balance sheet, it is not really an asset for business.
Examples:-
Advertisement Cost or investment on advertisement
Is This Answer Correct ? | 37 Yes | 1 No |
Post New Answer View All Answers
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
Horizontal balance sheet versus Vertical balance sheet
Define tally accounting
goods worth rupees 440 distributes free among the poor?
what is retention? how caculate on asset
Explain some of the accrued expenses and the accounts in which you would record them?
how to get a job in stock markets for MBA-FINANCE?
what is your opinion regarding T.V shows on youth
GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?
what is opening stock formula?
Do you know partitioning in accounting?
A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.
Account for letter of credit in the books?
What is mutual fund sub accounting?