Accountancy, asked by harshita1983, 1 year ago

what is the difference between fixed assets and deferred revenue

Answers

Answered by Strawberry371
1
Hey mate!!!!

Deferred revenue is the portion of a company's revenue that has not been earned, but cash has been collected from customers in the form of a prepayment.
Accrued expenses are the expenses of a company that have been incurred but not yet paid.


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