what is the meaning of deferred revenue ? give me some
examples
Answers were Sorted based on User's Feedback
Answer / siddeeq
benìfit of these revenue morethan one accounting year
eg:advertisment
Is This Answer Correct ? | 4 Yes | 1 No |
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.
Is This Answer Correct ? | 2 Yes | 2 No |
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.
Is This Answer Correct ? | 0 Yes | 1 No |
What will be the journal entry in the case of Debit Memo and Credit Memo?
Explain what is double-entry accounting? Explain with an example?
Expenditure incurred for the innovation of Guest house building is revenue nature or capital nature ??
Who is Sundry Debtor and who is the sundry creditor ?
18 Answers Finance, Home, Reliance,
What do we mean by Redemption of shares and debentures?
purchased books rs.50000 and paper 25000
what are main accounting entries in a vehicle dealer
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
what is the golden rules of accounting
I am working in govt. sec. How to make journal entry in books for Fix Deposit
what is capital employed?
Tell us what inspired you to move to the next opportunity?