Deferred revenue is the portion of a company's revenue that has not been earned, but cash has been collected from customers in the form of prepayment. Accrued expenses are the expenses of a company that have been incurred but not yet paid.
"Deferral means Accrual " whether the statement is true? Explain
by kamran akash -
Number of replies: 1
In reply to kamran akash
Re: "Deferral means Accrual " whether the statement is true? Explain
by Shahana Kabir -
Good observation.