Accountıng I Deneme Sınavı Sorusu #1272731

Which of the following refers to the advance payments of future expenses?


Accrued revenues

Accrued expenses 

Deferred revenues 

Depreciation

Deferred expenses 


Yanıt Açıklaması:

Deferred expenses (prepaid expenses) are advance payments of future expenses. The correct answer is E.

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