Define deffered revenue expendature?

1.	Define deffered revenue expendature?
Answer» DEFERRED REVENUE EXPENDITURE IS A REVENUE EXPENDITURE IN NATURE BUT IS WRITTEN OFF IN MORE THAN ONE ACCOUNTING PERIOD BECAUSE IT IS ESTIMATED THAT BENEFIT OF SUCH EXPENDITURE WILL ACCRUE IN MORE THAN ONE FINANCIAL YEAR. EX- ADVERTISEMENT The benefit of this type of expenditure will be taken for more than one or two years Deffered revenue expenditure is revenue in nature but the benefit is taken more than one or two years

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