What is the deffred revenue expenditure and its treatment in accounts?
Latest Answer: An Expenditure is incurred within one financial year, But Getting the benefits over the Number of Years is called the Deferred Revenue Expenditure.Heavy Advertisement Expenditure, Business Promotion Expenditure. ...
What are Bill of Lading & Shiping Bill. What is the difference between them?
What is MIS Report ? How do you prepare it ?
What is the difference between net income and free cash flow
Latest Answer: Cash book is the book contains of all records of cash trancation whereas the pass book is a book contains all our transaction with bank. ...
What do you mean by Money Laundering?
Latest Answer: The term Money Laundering has American origin as far as I know. Laundry is such a business which is entirely cash driven. There is no question of debots. Few people used to open laundry without actually opening it. They used to show their black money ...
Latest Answer: A deferred revenue expenditure is that where the benefit the expenditure can be had for more than ONE accounting period and less than FIVE accounting periods. There are no hard and fast rules that the period is linted to 1 - 5. It is just an assumption. ...
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