What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?
Answer Posted / shanti
THE EXPENDITURE WHICH IS INCURRED DURING THIS ACCOUNTING
PERIOD .BUT THIS IS APPLICABLE FOR FURTHER ACCOUNTING
PERIODS ALSO.
EX:Heavy expenditure on advertisement
| Is This Answer Correct ? | 24 Yes | 10 No |
Post New Answer View All Answers
What is the Assets & Liabilities?
what are micro-cap, small-cap, mid-cap, large-cap companies?
why are you selecting for the controlling area same company code?
what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year
How do we return the loan in equal installments with interest in tally
what is ZBA hold & balance hold in banking?
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Expand CASA
What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?
what is Contra Asset?
what is account & what is finance
what are the types of provisions that you would make for the end of a financial year?explain
joint venture?
What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?
what is the scenario of multi-org setup?