ICSE Class 10 Commerce 2019 Solved Papers
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Question : 11
Total: 31
What is meant by 'Deferred Revenue Expenditure'?
Solution:
Deferred Revenue Expenditure are those expenditures which have been incurred in an accounting period and they do not create any asset but their benefit is spread in more than one accounting period. Example : Advertisement cost. The benefit of such expenditure is enjoyed over a number of years.
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