Expenditures Question:
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Explain Deferred Revenue Expenditure?
Answer:
Deferred Revenue Expenditure is a revenue expenditure which has been incurred during an accounting year but the benefit of which may be extended to a number of years. And these are charged to profit and loss account. E.g. Development expenditure, Advertisement etc.
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Explain deferred expenditures. How are these expenses dealt with in profitability statement? | Explain Revenue Expenditure? |