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Commerce · Q2139

Accounting

Graduate and Post Graduate · Commerce · question 2139

Q2139

Amount spent on advertisement campaign, the benefit of which is likely to last for at least three years, is OR Rs. 1,00,000 spent on special advertising compaign will be:

A.
Capital expenditure
B.
Revenue expenditure
C.
Deferred revenue expenditure
Answer
D.
Contingent expenditure

Answer: Option C

Solution

Answer: Option C
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