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Heavy amount spent for the advertisement of new company product is...

This question belongs to Commerce Accounting
Accounting
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Heavy amount spent for the advertisement of new company product is

Answer & Solution
Correct Answer: Option B
Heavy amount spent for the advertisement of new company product is Deferred Revenue expenditure. Deferred Revenue Expenditure is an expenditure which is revenue in nature and incurred during an accounting period, but its benefits are to be derived in multiple future accounting periods.
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