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Wat is the diff.between revenue and capital expenditure?
Wat is meant by deffered revenue expenditure?
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Answer Posted / vineeth
Expenditure which are capital in nature and are exhausted
over the life time of the asset are capitalised to the cost
of the asset.
Revenue expenditure are those expenditure the effect of
which are felt immeditaely like expentire incurred for
salary.
Deffered Revenue expenditure are those which are revenue in
nature but the effect of which are felt over the period of
2 to 3 years.
| Is This Answer Correct ? | 84 Yes | 17 No |
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