Answer / siddeeq

benìfit of these revenue morethan one accounting year
eg:advertisment

Answer / kiran kumar .r

Expenditure inccured is revenue nature but the benefit of
that expenditure will be received by the company not only in
the current year in future years also.

Best and easy eg heavy advertisement made by the company
while introducing a new product.

Answer / vijay

The expenditure which is of revenue nature but its benefit will be for a very long period is called deffered revenue expenditure.
Ex: Advertisement expenses
A part of such expenditure is shown in P&L a/c and remaining amount is shown on the assests side of B/S.

how would you describe youself

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Where we post the Amalgamation of goodwill

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for which account the cost centre should be given?

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