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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i have one doubt. i purchases of fixed assets from other state the value 5 lack. the transpotation cost of 50 thousand now the value of fixed asstes is 550000 or only 5 lack, it is right or worng .. pls cleare my question
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