expense paid but the benefit not been received so far like
deferred exp so can we consider it as a prepaid exp.
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Answer Posted / ravi
differed revenue expenditure means the expenditure which
you spent know the benefit will be received in future years
eg-advertisement expenses spent now will receive benefit
in future years
where as prepaid expenses will be posted in assets side of
balance sheet as it was paid in advance
| Is This Answer Correct ? | 19 Yes | 0 No |
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