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What is an example of a deferred expense?

Lucas Patel | 2023-05-07 23:43:52 | page views：1670
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Benjamin Lee

Works at Facebook, Lives in Menlo Park, CA
The term "deferred expense" is used to describe a payment that has been made, but it won't be reported as an expense until a future accounting period. For example, a corporation might spend $500,000 in accounting, legal, and other fees in order to issue $40,000,000 of bonds payable.
2023-05-17 23:43:52
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Lucas Sanchez

QuesHub.com delivers expert answers and knowledge to you.
The term "deferred expense" is used to describe a payment that has been made, but it won't be reported as an expense until a future accounting period. For example, a corporation might spend $500,000 in accounting, legal, and other fees in order to issue $40,000,000 of bonds payable.
What is a deferred expense? | AccountingCoach
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