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P2 C9 Accounts ol‘Non—trading Concerns — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C9 Accounts ol‘Non—trading Concerns1 Mark
Question
What is deferred revenue expenditure?
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Answer

Expenditure which is basically revenue expenditure but benefits of which accrued to the concerns for more than a year is called deferred revenue expenditure.

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