deffered revenue and expenditure
This query is : Resolved
Brij Mohan
(Querist)
16 March 2009
what is the deffered revenue income and it is shown in the accounts books and what also the treatment of deffered expenditurs treatment
prashant bhardwaj
(Expert)
17 March 2009
TO KNOW DEFF REV EXP(DRE) U FIRST KNOW ABOUT WHAT IS REVENUE EXP.
IF THE REVENUE EXP IS GOING TO MAKE BENEFIT TO FIRM FOR MORE THAN ONE ACCOUNTING YEAR THAN SUCH REV EXP IS CAlled DRE .
AND DRE IS SHOWN IN INSTALLMENTS IN COMING P/L A/C SINCE IT IS SHOWN IN INSTALLMENTS SO IT IS CALLED DEFFERD DICTIONERY MEANING INSTALLMENTS.
IF THE REVENUE EXP IS GOING TO MAKE BENEFIT TO FIRM FOR MORE THAN ONE ACCOUNTING YEAR THAN SUCH REV EXP IS CAlled DRE .
AND DRE IS SHOWN IN INSTALLMENTS IN COMING P/L A/C SINCE IT IS SHOWN IN INSTALLMENTS SO IT IS CALLED DEFFERD DICTIONERY MEANING INSTALLMENTS.
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