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What is a deferred charge?

Ethan Rivera | 2023-05-07 23:43:52 | page views：1671
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Lucas Hall

Works at the International Development Association, Lives in Washington, D.C., USA.
A deferred charge is a long-term prepaid expense that is treated as an asset on a balance sheet and is carried forward until it is actually used. Deferred charges often stem from a business making a payment for a good or service that it has not yet received, such prepaying insurance premiums or rent.
2023-05-16 23:43:52
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Lucas Ross

QuesHub.com delivers expert answers and knowledge to you.
A deferred charge is a long-term prepaid expense that is treated as an asset on a balance sheet and is carried forward until it is actually used. Deferred charges often stem from a business making a payment for a good or service that it has not yet received, such prepaying insurance premiums or rent.
Deferred Charge - Investopedia
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