Huge advertising expenses on the introduction of a new
product in the market. The expenditure is called ---------
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Answer / venkat
the expenses are known as differed revenue expenses where
the expenses are incurred once and the benefit is carried
forward for next years a part of these expenses are shown on
debit side of p&l account and asset side of balance sheet
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AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
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0 Answers Accenture, Capital IQ,
Expand---------PTSR
Started business with cash 50000
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