What is mean by deffered revenue expenditure?

Answer Posted / mohammed imran the new college

Deferred revenue expenditures are those expenditures which
have been incurred in an accounting period and they do not
create any assets and there benefits spread in more than
one accounting period Ex Advertisement etc... and it is
debited to Deferred expenditure account in the non current
assets area of your chart account.

Is This Answer Correct ?    14 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what do you consider to be the biggest challenge facing the accounting profession today?

581


what is the minimum & maximum amount paid by company per day

1671


What is the difference between consigner and consignee?

614


What is the difference between personal account real account and nominal account?

638


Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?

1801






Tell us what do you believe should be an important quality of an account executive?

547


What are the advantages of computer accounting over paper accounting?

594


What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?

1526


What methods do you use to discover sales opportunities?

591


What is the dual aspect concept?

655


what are your current financial and accounting projects? What is your role?

2396


what will be the possible question for an interview in account post as a fresher

1523


What do u mean by press releases

1603


What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956

1631


i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive

894