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Sharma and Company is planning to spend 5,00,000 on advertising. Under which type of expense can it be classified?

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Question

Sharma and Company is planning to spend 5,00,000 on advertising. Under which type of expense can it be classified?

Options

  • Capital Expenditure

  • Revenue Expenditure

  • Capital Receipts

  • Deferred Revenue Expenditure

MCQ
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Solution

Deferred Revenue Expenditure

Explanation:

A large one‑time advertising outlay (₹ 5,00,000) will give benefits over several future years, so it is treated as deferred revenue expenditure and written off over the period of expected benefit.

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Chapter 6: Capital and Revenue Expenditure/Income - EXERCISES [Page 89]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 6 Capital and Revenue Expenditure/Income
EXERCISES | Q 53. | Page 89
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