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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' |
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Answer» Solution :Deferred Revenue EXPENDITURE is that expenditure that is revenue in nature but the benefit of which extends beyond the accounting YEAR in which it is incurred. Example of Deferred Revenue Expenditure. Large expenditure incurred on advertising to introduce a new product in the market. |
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