What is mean by deffered revenue expenditure?
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Answer / mohammed imran the new college
Deferred revenue expenditures are those expenditures which
have been incurred in an accounting period and they do not
create any assets and there benefits spread in more than
one accounting period Ex Advertisement etc... and it is
debited to Deferred expenditure account in the non current
assets area of your chart account.
Is This Answer Correct ? | 14 Yes | 1 No |
Answer / abdul
Defered Revenu Expenditure Is An An Expenditure its
Benefits is Extend to Succeding Year or Future.Heavy
Advertisement cost, Initial Stage Consulting Fees, New
Company Operating Time Initial Stage Techniqueal Adviser
Fees, this Cost Is Write off Portion In an Year And Year
and Amortization method is used to written down the value.
It will write off by Period, unmodern and etc.,
Is This Answer Correct ? | 5 Yes | 4 No |
can any one tell me what is the difference between Accounting period & Financial year? Will be waiting for your answer. It's an open source question, any correct answer will be appreciable. Thanks. Regards, Mr. RKO
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