Interested to Buy Any Domain ? << Click Here >> for more details...
What is a deffered revenue & deffered expenses ?
what is a means of accured revenue & accured expenses?
before & after
- 2 Answers
- 7705 Views
- Renault Nissan, TATA, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / gunjan thakur
Revenue that is considered a liability until it becomes
relevant to the business at hand, such as a payment
received for work that has not yet been performed. opposite
of deferred charge.&....Expenses (such as wages, salaries,
and utility charges) which are incurred but for which no
payment is made during an accounting period. They are shown
in the balance sheet as a current (short term) liability.
Also called accrued liabilities.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / srinivas
deffered revenue and expenditure is the one whose benefit will
last long for more than an year & which shall be amortized to
p&l A/c to the extent in which the benefit is taken from that
expenditure for a particular period. Accrued revenue &
expenditure means the income or expenditure is already earned
or incurred in the particular accounting period but the effect
on cash or bank balance is not affected but it appears in the
balance sheet as an asset or liability as the case may be.
| Is This Answer Correct ? | 7 Yes | 0 No |
what do you mean acculmated depreciation?
what happen if any company get net loss
surrender of shares
How to involve people in audit?
debenture comes under which head in tally
2 Answers Max India, TATA, Tisco,
Why do you want to work in audit?
0 Answers Ernst Young, Thomson Reuters,
What is an internal audit and what is the role of internal audit?
THIS QUESTION IS RELATED TO PAY ROLLS IF ANY BODY HAS THE FORMULAES IN EXCEL ABOUT PAYROLLS CALUCULATIONS PLS HELP ME OUT
please send me .the all journal vochers with examples.
How to raise capital (equity) in non-listed company?
what is journal for Credit purchase
9 Answers Ernst Young, Genpact,
types of audit
Audit 
