Treat advertisement cost as deferred revenue expenditure and write it off over a period of three years?

Top Answer: <p>deferred revenue is the unearned income. it is known under the accrual basis and according to th ... See More

Top Answer: Revenue expenditure "b" See More

Top Answer: Deferred revenue shall be treated in Financial Statement as Liability See More

Top Answer: Expenditure is of revenue nature but its benefit likely to be derived over a number of years. Such expend ... See More