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What is deferred revenue Expenditure.
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Answer / narasimha rao
WHICH EXPENSES IS ACCURED ONE TIME AND PROVIDE BENIFITAS
MORE THAN ONE YEAR IS CALLED DEFERRED REVENUE EXPENDITURE
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / munni
A heavy expenditure of a revenue nature incurred for
getting benefit, which extends to two or more years is
termed as "Defferred Revenue Expenditure". It is written
off over two years or more during which the benefit is
likely to last.It appears in the asset side of the balance
sheet.
| Is This Answer Correct ? | 3 Yes | 0 No |
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