30 November 2010
Deferred revenue exp. is the revenue expenditure, the benefit of which flows for more than year.
Suppose any capital expenditure incurred for rennovation of rented property. The benefit of which will be recd. over a period of more than one year. Such expenditure will be written off over a period uptill the benefit receives.
Heavy expenditure on advertisement is another example of deferred revenue exps.
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