Deffered exp
This query is : Resolved
Deepak Gagrani
(Querist)
14 September 2009
Dear all
Please give me knowledge about deferred exp
& give few exampal
urgent please
Please give me knowledge about deferred exp
& give few exampal
urgent please
C.A.Harish Singh
(Expert)
15 September 2009
Deferred Expenditure means those exp. benifit of which obtained more then one accounting period.
Suppose that u appoint Mr. Amitabh Bachan for advertisment compain of ur company and he charged Rs.1 Crore.Then benifit of this advertisment can be obtained more then one accounting period. Than This exp. called Deferred Revenue Expenditure and can be amortize over the accounting period upto benifit of this compain received.
Suppose that u appoint Mr. Amitabh Bachan for advertisment compain of ur company and he charged Rs.1 Crore.Then benifit of this advertisment can be obtained more then one accounting period. Than This exp. called Deferred Revenue Expenditure and can be amortize over the accounting period upto benifit of this compain received.
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