In which year (current or next accounting year) the expense related to the sale of next year is recorded
Like if a company advertise for its products which is to be launched next year?
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Expense related to next year
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Quick Summary
Advertisement expenses is a deffered revenue expenses and expensed over a period of 5 years or years which company assume that the company will receive benefits from such expenses.
Advertisement expenses not always deferred revenue expenditure.
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