Heavy advertisement cost is paid for the promotion of company's new product launch is classified under -

The portion of the cost which is applicable to the current period shal be classified under Revenue Expenditure.

Major amount shall be classified under Deferred Revenue Expenditure since it is likely to benefit in future periods.

Deferred Revenue Expenditure.

Defered Reven Expe

The correct answer is Deferred Revenue Expenditure.

Deferred revenue expenditure - is the current accounting practice.