Sarthaks Test
0 votes
in Accounts by (46.5k points)
closed by

Explain the term Deferred Revenue Expenditure with the help of an example.

1 Answer

+1 vote
by (47.6k points)
selected by
Best answer

Deferred Revenue Expenditure is that expenditure that is revenue in nature but the benefit of which extends beyond the accounting year in which it is incurred.

Example of Deferred Revenue Expenditure: Renovation of cinema mall.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.