Accountancy, asked by abhinav5188, 9 months ago

what is deferred assets

Answers

Answered by yogichaudhary

12

Answer:

A deferred asset is an expenditure that is made in advance and has not yet been consumed.

Answered by Anonymous

1

Explanation:

deferred asset is the expenditure made in advance and has not yet been consumed it arises from one of two situations

short consumption period and long cconsumption period

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