Assistant Accountant Question:
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Explain me what is Deferred Revenue Expenditure? Give some examples?
Answer:
Deferred Revenue Expenditure is a type of expenditure which does not result into the acquisition of any fixed asset and the benefits from such expenditure is not received during the period which they are paid for.
For example - Initial Advertisement Expenditure, Research and development Expenditure, Preliminary Expenses.
For example - Initial Advertisement Expenditure, Research and development Expenditure, Preliminary Expenses.
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