Capital and revenue items
This query is : Resolved
18 November 2014
Expenditures the benefits of which are obtained over no. of years are called deferred revenue expenditure.
For example:-Advertisement.
If you advertise something then benefits in the form of increase in sales are obtained over no. of years.
For example:-Advertisement.
If you advertise something then benefits in the form of increase in sales are obtained over no. of years.
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