Expenditures Question:

Download Job Interview Questions and Answers PDF

Explain Deferred Revenue Expenditure?

Expenditures Interview Question
Expenditures Interview Question

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.

Download Expenditures Interview Questions And Answers PDF

Previous QuestionNext Question
Explain deferred expenditures. How are these expenses dealt with in profitability statement?Explain Revenue Expenditure?