What is mean by deffered revenue expenditure?
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Answer / mohammed imran the new college
Deferred revenue expenditures are those expenditures which
have been incurred in an accounting period and they do not
create any assets and there benefits spread in more than
one accounting period Ex Advertisement etc... and it is
debited to Deferred expenditure account in the non current
assets area of your chart account.
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / abdul
Defered Revenu Expenditure Is An An Expenditure its
Benefits is Extend to Succeding Year or Future.Heavy
Advertisement cost, Initial Stage Consulting Fees, New
Company Operating Time Initial Stage Techniqueal Adviser
Fees, this Cost Is Write off Portion In an Year And Year
and Amortization method is used to written down the value.
It will write off by Period, unmodern and etc.,
| Is This Answer Correct ? | 5 Yes | 4 No |
Hi Everybody, Can anybody tell me the journal entry for below question, Charged interest on Capital Rs.1,500.00 Thanks,
when we have to use form 12ba in income tax with example
We had billed to a Customer Rs. 50000/- he paid 45000 to us n not paying balance 5000/- how and where to enter Rs. 5000/- Is it bad debt...
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