Interested to Buy Any Domain ? << Click Here >> for more details...
What do u mean by Deferred Revenue Expenses? Explain with
examples?
- 8 Answers
- 31565 Views
- Cap Gemini, Genpact, HSBC, Shivam, Wipro, I also Faced
- E-Mail Answers
Answer Posted / shruti agarwal
Deferred Revenue Expenses are those expenses which are
spent in large amount in any year but the benefit of which
accrues for many years. Hence, it is written off through
profit and loss account during their benefit period. For
example, huge amount spent on advertising during launching
of a product, the benefit of which will accrue for five
years. This expenditure will be written off in the profit
and loss account of succeeding five years.
| Is This Answer Correct ? | 100 Yes | 8 No |
Post New Answer View All Answers
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
an amount deducted from the catalog price for an item of merchandise is called?
What is a Balance Sheet & Profit & Loss Account?
what are the purpose for the preparation of cost centre ?
If income and expense both are equal then what it depicts
How do we return the loan in equal installments with interest in tally
what is account & what is finance
what is composition vat
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
How Many Types of Excise Duties?
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
What is Acquisition?
state and explain THREE types of situation to which accounting concept might be applicable
what do you mean by financial analysis and technical analysis ?
