Question

deferred revenue expense and prepaid expense are one and the same explain​

Answer 1

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Definition of Deferred Expense and Prepaid Expense :

Deferred expense and prepaid expense both refer to a payment that was made, but due to the matching principle, the amount will not become an expense until one or more future accounting periods.

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Answer 2

Explanation:

Deferred expense and prepaid expense both refer to a payment that was made, but due to the matching principle, the amount will not become an expense until one or more future accounting periods.