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What is Differed revenue expenditure?

Answer Posted / rakesh kumar prasad

Deferred Revenue Expenditures are those expenditures which
have been incurred in an accounting year and they do not
create any assets but their benefit is spread in more than
one accounting year. although it appears in the asset side of
the balance sheet, it is not really an asset for business.

Examples:-
Advertisement Cost or investment on advertisement

Is This Answer Correct ?    37 Yes 1 No



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