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Explain the term 'Deferred Revenue Expenditure' with the help of an example. OR Give any one example of 'Deferred Revenue Expenditure' |
Answer» <html><body><p></p>Solution :Deferred Revenue <a href="https://interviewquestions.tuteehub.com/tag/expenditure-980222" style="font-weight:bold;" target="_blank" title="Click to know more about EXPENDITURE">EXPENDITURE</a> is that expenditure that is revenue in nature but the benefit of which extends beyond the accounting <a href="https://interviewquestions.tuteehub.com/tag/year-1464599" style="font-weight:bold;" target="_blank" title="Click to know more about YEAR">YEAR</a> in which it is incurred. <br/> Example of Deferred Revenue Expenditure. Large expenditure incurred on advertising to introduce a new product in the market.</body></html> | |