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Define deffered revenue expendature?

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Define deffered revenue expendature?

Posted by Siddharth Jain 7 years, 4 months ago

CBSE > Class 11 > Accountancy

3 answers

Sakshi Sharma ??️??️??️ 7 years, 4 months ago

DEFERRED REVENUE EXPENDITURE IS A REVENUE EXPENDITURE IN NATURE BUT IS WRITTEN OFF IN MORE THAN ONE ACCOUNTING PERIOD BECAUSE IT IS ESTIMATED THAT BENEFIT OF SUCH EXPENDITURE WILL ACCRUE IN MORE THAN ONE FINANCIAL YEAR. EX- ADVERTISEMENT

Ayush Garg 7 years, 4 months ago

The benefit of this type of expenditure will be taken for more than one or two years

Amrit Kaur 7 years, 4 months ago

Deffered revenue expenditure is revenue in nature but the benefit is taken more than one or two years

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