Question
There are certain expenses that may be in the nature of
revenue but their benefit may not be consumed in the year in which such expenditure has been incurred; rather the benefit may extend over a number of years are termed asSolution
Deferred revenue expenditure refers to certain expenses that are revenue in nature, meaning they are related to the current operating expenses of a business. However, the benefit of these expenses is not consumed entirely in the year in which they are incurred, and their benefits extend over a number of years. These expenses are treated as deferred and are amortized (expensed) over the periods during which they provide benefits.
1) altered 2) impacted 3) managed 4) mod...
________ aim in life is to provide happiness _______ enable a harmonious atmosphere _________ everyone forever.
Increasing privacy and security concerns coupled with economic interests have compelled governments to institute rules and standards that govern ...
Even small oysters can produce reasonably large pearls, although the older and larger the shell, the great the chance of finding a good-sized pearl.
Fill the blank 5.
Find the appropriate word.
Select the most appropriate option to fill in blank
Choose the most appropriate option for blank no. 6
- Choose the most appropriate option to fill in blank number 2.
Find out the appropriate words.