what is meant by deferred revenue expenditure?
Answer Posted / shirisha
Deferred revenue is important because it's the money a
company collects before it actually delivers a product. For
example, a software company sells and receives payment for
a computer program before it gets delivered or installed.
This doesn't get recorded as straight revenue because, if
something goes wrong with the job, the money is at risk.
Is This Answer Correct ? | 1 Yes | 4 No |
Post New Answer View All Answers
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately
Explain different branches of accounting?
MEANING OF RED HERRITING
FROM WHERE I WILL GET PREVIOUS QUESTION PAPER OF JUNIOR ACCOUNTS OFFICER TEST OF B S N L
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity
what is the head for stock trnasfer
Plant and machinery destroyed for 50000
What is a ledger?
Do you know offset accounting?
"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.
1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,
what is the meaning of banking
I am a service man.I want to submit my income tax return by efilling.Anybody can help me to do the same with the information to submit the file?