Interested to Buy Any Domain ? << Click Here >> for more details...
What is differed revenue expendature?
- 2 Answers
- 6198 Views
- FIC, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vinay kumar. pagidikondala
It is an expenditure which is occurred in an accounting
period but it will be applicable for further more years.
Ex:- Heavy advertisement expendature
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / sujit kumar panigrahi
Deffered Revenue Expenditure means any expenses in the
revenue account, which is incurred by any Company, Firm
etc. in their normal course conducting the
business/profession as the case may be, the benefit of such
expenditure would flow in more than one years except the
year of making expenditure.
Hence it would be unfair to charge such expenditure wholly
in the year of incurrance. So it would be fair practice to
deffered the expenditure over the estimated period during
which the benefit are expected to come to the company or
Firm etc as the case may be.
Example: Advertisement Expenditure incurred by a company,
Firm during the initial period of lunching of a product.
| Is This Answer Correct ? | 2 Yes | 0 No |
If we withdraw cash from OD account, is it contra entry or receipt entry
What will be the general entry for advance salary given?
What is capital adequacy ratio? What is demat account?
Where we post the Amalgamation of goodwill
How to Calculate Salary..? What is % will be taken for Basic Salary,DA,ALLowance,ESIC,PF,PT...Plse Clarify both side Employer & Employee..
why the accounts as personal real and nominal
What is the double entry system explain its rules with examples?
What is Contigent Libilites
What do we mean by Redemption of shares and debentures?
Purpose for maintained RG 23a Part II & RG 23c PArt II? give brief discussion....
Your marketing company has been working on a consulting project for a client. Your team has worked on the project for two months, and it is now year-end. The project will be completed by February of the next year, and the client has not yet been billed. For the financial statement, how should project be classified?Should the costs associated with an uncompleted consulting project be classified as a work-in-process asset on the balance sheet or should the cost be expensed on the income statement as a part of the doing business?why?
Difference between expenditure and expense?
Audit 
