What is the treatment for 'DEFERRED REVENUE EXPENDITURE'?
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Answer Posted / shyamsunder reddy,g
It is basically a form of revenue expenditure but the
benefit from it continues more than a year
Ex:Advertisement given for introducing a new product.
if exp. is huge it can be written of 2 to 3years
| Is This Answer Correct ? | 40 Yes | 13 No |
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