what is the meaning of deferred revenue ? give me some
examples
Answer Posted / vijay
The expenditure which is of revenue nature but its benefit will be for a very long period is called deffered revenue expenditure.
Ex: Advertisement expenses
A part of such expenditure is shown in P&L a/c and remaining amount is shown on the assests side of B/S.
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
your company by machinary for Rs 3000000/-, what will be the maximum term lean avaible form bank?
What do you mean by gaap in accounting?
Mention what are things will not be included in a bank reconciliation statement?
What methods do you use to discover sales opportunities?
If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?
What is customer account?
Can i put opening stock in new company during closing time
"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.
A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?
What was the most difficult deal you had to close?
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
Explain compound journal entry.
Explain the types of ledger?
In South Africa, the value added tax is administered by?
Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-