What is Differed revenue expenditure?

Answer Posted / srikanth

Deferred Revenue Expenditures are those expenditures which
have been incurred in an accounting period and they do not
create any assets but their benefit is spread in more then
one accounting period Ex. Advertisement Cost

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the use of accounting?

659


bank jobs

1679


Horizontal balance sheet versus Vertical balance sheet

1743


WHAT IS THE VAT/CST RATE FOR PURCHASING COMPUTER/PHERIPHERALS FROM GUJARAT AGAINST C FORM, FOR DIU (UNION TERRITORY) AND WHAT RATE OF VAT/CST I HAVE TO PAY IN DIU FOR SALE.

2934


we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?

1477






What is a ledger? What do you mean by ledger posting?

656


Explain the concept of responsibility accounting

638


What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.

2789


a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

1939


Explain what is bad debt expense?

3504


What are the functions of manger -accounts and manager-finance?

620


What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?

663


journal entry for goodwill and capital bought by a new partner?

1146


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

2046


What are trade bills?

759