What is the meaning of deferred revenue and expenditure,
give examples
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Answer / rakesh rawat
These expenses are recurring for business growth,which is recurred but not reflected in P & L a/c because its a heavy expenses and its not be written off in single accounting year, but they write off in the next upcoming years.
Example:- Heavy Advertisement expenses paid by any company as like, the company wants to change its logo or name that time company did expenses by heavy advertisement exps. and its not be write off in single accounting period.
Is This Answer Correct ? | 27 Yes | 3 No |
Answer / sumitra.raghavan
deferred rev are thosewhich hv been recd bt no service for it
is rendered.....
defered exp...amt due to b paid
Is This Answer Correct ? | 7 Yes | 6 No |
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