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What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?
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Answer Posted / disha lakahnpal
Sometimes certain revenue exp. may be unusually heavy and
its benefits are likely to be available for more than one
year. In such a situation, it is considred appropriate to
spread an exp. over a number of accounting years.
eg: Heavy Advt to introdure a new a product or to explore a
new market
| Is This Answer Correct ? | 35 Yes | 13 No |
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