Question

Where is the deffered revenue expenditure shown in the final accounts?

Answer 1

HIII......

HERE IS YOUR ANSWER:------

ANSWER IS BALANCE SHEET.


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Answer 2

Heya..

In the treatment of deferred revenue expenditure, amount to be written off in the current year is debited to profit and loss account and amount not written off in the current year is shown on the assets side of balance sheet as fictitious asset

Deferred revenue expenditure is a fictitious asset , although it appears on the asset side of the balance sheet, it is not really an asset to the business.


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