Answer Posted / h.r. sreepada bhagi
Deferred Revenue Expenditures are those revenue expenditures
which are incurred during a financial period, but the
benefit of which is expected over future financial periods.
Generally the amount will be substantial and charging the
full amount to that year's Profit & Loss A/c will distort
the operating result of that financial period. A part of the
expenditure is written off to the Profit & Loss A/c over
more than one financial period during which the benefit is
expected.
This expenditure will be huge but does not result in
creation of any tangible asset when incurred. For example,
initial Advertisement or Branding expenditure.
Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
Short Answer on _________Business
What is the due date for filing monthly & annual sales tax returns in karanataka
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
Telly ERP9 is perfect accounting softwear in excise unit.
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 ??
what is exercise duty how to calculate that and how to update in tally
objective of accounting
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
Who is called consignor
what is cc limit and what role accountant play to maintain it?
Expand RMP
How to maintain Purchase Orders ? Please explain by proper format.
why gross profit transfering to profit & loss account
WHAT ARE EQUITY SECURITIES?
How Are The Balance Sheet And Income Statement Connected?