Huge advertising expenses on the introduction of a new
product in the market. The expenditure is called ---------
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Answer / venkat
the expenses are known as differed revenue expenses where
the expenses are incurred once and the benefit is carried
forward for next years a part of these expenses are shown on
debit side of p&l account and asset side of balance sheet
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Answered but misspelled pl correct HELPS US TO KNOW THE FINANCIAL POSITION OF THE BUSINESS (ANS.EEECNALABSHT)
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EXPAND______________PWD
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