The correct answer is D. Depreciation on fixed assets.
Deferred revenue expenditure is an expenditure that is not recognized as an expense in the current period but is instead deferred and recognized as an expense in a future period. This is because the expenditure is expected to provide benefits to the company in future periods.
Heavy advertisement expenditure is an example of deferred revenue expenditure because it is expected to provide benefits to the company in future periods by increasing sales. Expenses incurred in shifting the business to convenient premises is also an example of deferred revenue expenditure because it is expected to provide benefits to the company in future periods by improving efficiency and productivity. Preliminary expenses are another example of deferred revenue expenditure because they are incurred in connection with the formation of a company and are expected to provide benefits to the company in future periods.
Depreciation on fixed assets is not
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