Multiple choice The deferred revenue expenses are shown on debit side of profit and loss account. credit side of profit and loss account. assets side of balance sheet. liabilities side of balance sheet. Reveal answer Fill a bubble to check yourself C Correct answer Explanation These are shown under the heading 'miscellaneous expenditure.' Revenue expenses are shown on debit side and revenue income on credit side of profit and loss account. Capital receipts are shown on the liabilities side of balance sheet.