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What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?
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Answer Posted / uzair sofi
deferred revenue expenditure by which we mean that revenue expenditure having charecteristics of capital expenditure.in simple terms expenditure whose benefit has been derrived within a year & balance not yet used.e.g.heavy expenditure on advertisement.2.prepaid rent(benefit continues)3.discount on issue of shares & debentures.
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