what id defferd expenditure?
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karcha
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anything which you buy
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Hello dear!!!
Gd evening..
Answer:
A deferred expense refers to a cost that has occurred but it will be reported as an expense in one or more future accounting periods. To accomplish this, the deferred expense is reported on the balance sheet as an asset or a contra liability until it is moved from the balance sheet to the income statement as an expense. This is done to achieve the accountants' matching principle.
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