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What is Differed revenue expenditure?
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Answer Posted / kishore g
Usefullness of certain assets do not get expired in the year
in which they are acquired and the expenses incurred for
these assets shall be amortised over the useful life of that
asset,all expenses of such nature are called deffered
revenue expenditure.
examples of this expenditure are:legal expenses
paid,research and development,advertisement expenses etc..,
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