What do u you mean by deferred revenue expenditure?
Answer Posted / akanksha saini
A heavy expenditure of a revenue nature incurred for
getting benefit, which extends to two or more years is
termed as "Defferred Revenue Expenditure". It is written
off over two years or more during which the benefit is
likely to last.It appears in the asset side of the balance
sheet.
Examples: Expenses of research and development, Abnormal
loss arising out of fire, preliminary expenses, expense of
shifting the place of business.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is a letter of demand?
Please send all the previous year question on SBI clerical post.My e-mail ID is raffiq1182@yahoo.com
What is rural banking?
Describe a typical day of an investment banking analyst?
What are your views on Triple talaq?
What Is Interest Expense?
Mention some of the topics that Actuary should be proficient in?
What is RuPay Card?
Explain what is cash equity?
What are the functions of NABARD?
Tell something about Co-operative Banks?
How candidates are recruited for marketing officer & asst. Manager posts?
Why do accounts need adjusting entries?
What Is A Demat Account?
Explain what is ratio analysis?