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What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?

Answers were Sorted based on User's Feedback



What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?..

Answer / samarth singh

For example, a billboard costing rs. 2 lacs for 4 years,
then its 50,000 for the present year, and 1,50,000 for
coming years. Deferred Revenue Expenditure should be treated
in two parts:

This year's expenditure, (50,000)
and coming years expenditure, (1,50,000)

This year's expenditure is to be treated as an expense.
Coming year's portion is to be treated as an asset, as a
prepaid expense.

Is This Answer Correct ?    6 Yes 3 No

What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?..

Answer / siva

I need journal entries for all years and their treatment briefly...

Is This Answer Correct ?    2 Yes 1 No

What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?..

Answer / bhagyashree

Discount on issue of shares & underwriting commission r
examples other than advertisement.

Is This Answer Correct ?    3 Yes 3 No

What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?..

Answer / kamal

Except Advertisement, Insurance premium

Is This Answer Correct ?    0 Yes 1 No

What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?..

Answer / seema

deffered revenue expenditure u/s 35D can be amortised for 6
years in 2006-07

Is This Answer Correct ?    2 Yes 5 No

What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?..

Answer / srilatha

It is a combination of Capital Expenditure and Revenue
Expenditure is called "Defereed Revenue Expenditure"

Is This Answer Correct ?    8 Yes 37 No

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