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Expense related to next year

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1359 Points Posted on 27 May 2023
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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On 27 May 2023 at 18:57 Report
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210 Points Posted on 27 May 2023
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.
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On 27 May 2023 at 19:53
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Profession Business
28207 Points Posted on 03 June 2023
Advertisement expenses not always deferred revenue expenditure.
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On 03 June 2023 at 17:42


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