what is meant by deferred revenue expenditure?
Answer Posted / guest
Deferred revenue expenditure is a revenue expenditure whose
benifits spread more than one year.
Ex:heavy expenditure on advertisement
Is This Answer Correct ? | 9 Yes | 0 No |
Post New Answer View All Answers
What is the use of accounting?
What is the difference between provision and reverse?
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)
Explain me your current/former role, your responsibilities, and how success is/was measured?
journal entry for goods withdrawn for personal use
Explain what is accrual accounting?
What are the important things to be remembered while preparing a bank reconciliation statement?
How is the accounting for lease transactions done?
Who created snapit accounting?
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
how to calculate forefeiture of share when over subcription
What is mean by working capital?
Dillution effect on EPS
Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000