Question

Rs 9,00,000 incurred on advertising to introduce a new product line is a:

Q: Answer-Rs 9,00,000 incurred on advertising to introduce a new product line is a:

Deferred revenue expenditure refers to expenses that are incurred during an accounting period but are spread over multiple accounting periods. They are initially treated as an asset and then gradually recognized as expenses over time.

A capital expenditure

B revenue expenditure

C deferred capital expenditure

D deferred revenue expenditure

Practice Next

More Accounts Questions

E-commerce rum through network connected system. Network Connected system have two types of architecture, i.e. __________.
What is the amount of loan support provided by the World Bank under the MERITE scheme?
During hard market conditions, insurers tend to raise premiums and restrict coverage due to past underwriting losses. What phase does this describe in the ...
Which regulatory authority oversees and governs the functioning of Credit Information Companies (CICs) like CIBIL, Experian, Equifax, and CRIF High Mark in...
Which of the following is a liquidity ratio?
A hotel provides a 4-D/3-N package with the facility of breakfast. This is a ..........
Expiration of cost of intangible assets is referred to as:
A company manufactures two products, A and B. The contribution per unit for A is ₹50 and for B is ₹60. Each unit of A requires 4 machine hours, and B requi...
If a company issues bonus shares in the ratio of 3:5, what would be the new number of equity shares held by a shareholder who owns 2,000 shares?
According to ISA 500, the strength of audit evidence is determined by which two qualities?

Relevant for Exams:

HPCL CA

Hey! Ask a query

Rs 9,00,000 incurred on advertising to introduce a new product line is a:

Detailed Solution

More Accounts Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login