Under the expense recognition principles of accrual accounting, expenses are recorded in the period in which they were incurred and has been  paid.

Deferred expenses ( paid expenses) has done  payments of past expenses.

A deferred expense is as an asset   has already recorded as an expense fort he past accounting period.

The term "deferred expense" is used to describe a payment that has been made, and has been reported as an expense in the past accounting period.

A deferred expense is a cost that has already been incurred, but which has not yet been consumed. The cost is recorded as an asset until such time as the underlying goods or services are consumed; at that point, the cost is charged to expense.