25 January 2011
It is an expenditure the benefit of which will be realised over a period and not during the current period.Ex-Heavy Advertisement expenditure incurred by the company for promoting the product.The benefits of this huge expenditure will be realised over the period and not in the same period when it is incurred.
26 January 2011
1)Sales Promotion Expenditure 2)Expenditure Incurred on Research and Development 3)Expenditure incurred on shifting business to a more convenient place.