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what is meant by deferred revenue expenditure?
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Answer Posted / m.l.verma
Suppose we have expense 200000/- expense on advertisement and we will get crediblity profit of advertisement for four year. then we will get show Rs 50000/
as Advertisement A/c in profit & loss A/c as current year expenses. And Balence of 150000/ will be shown in balance sheet in assets side. Next year Again 50000/-will be in profit & loss A/c and 100000/-in Balance sheet and so on upto amount adjusted.
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