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A deferred period is a set period of time over which something has been delayed by agreement, for example... His student loan payments were deferred for a further twelve months.

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Unexpired insurance at the end of the fiscal period represents is it an accured asset liability expense or deferred expense?

deferred nexpense


Where can one find deferred tax assets?

Deferred tax assets are when its determined that the company will have positive accounting income during the fiscal period. After that, the deferred tax assets can be applied.


What do you mean by deferred income?

Deferred income is the converse of accruals. It is income received during an accounting period, but for which the company has not yet supplied the goods and services as at the end of the period, so which cannot be recognised as income.


What is a deferred drivers license?

Answer: Deferred sentence. A court may grant a deferred sentence for an offense which, under chapter 46.20 RCW, constitutes mandatory grounds for the revocation or suspension of a driver's license. Deferred driver's license. In such a case, a court cannot permit the person to retain his/her driver's license during the period of the deferred sentence.


Can you possess a firearm with a deferred judgment?

Not until the defered judgement period is satisfactorily completed.


What are the five categories of adjusting entries?

deferred expenses, deferred revenues, accrued expenses, accrued revenues and estimated expensesAdjustments to the enterprise's accounts can only be made in the time period when the business terminates.


What is a defered driver?

Answer: Deferred sentence. A court may grant a deferred sentence for an offense which, under chapter 46.20 RCW, constitutes mandatory grounds for the revocation or suspension of a driver's license. Deferred driver's license. In such a case, a court cannot permit the person to retain his/her driver's license during the period of the deferred sentence.


If sentencing is deferred for a period of one year what does that mean?

It means that the sentence is deferred for one year. In one year (from whatever date was read in the courtroom) the sentencing of the criminal will take place.


What are deferred taxes?

DEFERRED taxes MEAN not paying certain types of taxes currently.The payment of taxes on certain income or different asset at some period of time in the future.The buying and holding of capital assets before selling the capital assets in the future. Deferred compensation that will be subject to the deferred income tax on the deferred compensation sometime in the future.Deferred taxes for investor owned public utilities.


Deferred revenue expenditure?

Deferred expenditure refers to expenses incurred which do not apply to the current accounting period. Instead, they are debited to a 'Deferred expenditure' account in the non-current assets area of your chart of accounts. When they become current, they can then be transferred to the profit and loss account as normal.


What is a deferred annuity?

An annuity that will not begin until some time period in the future.A deferred annuity is an annuity in which the taxes due on any taxable portion is deferred until you start to withdraw from the annuity. It is a way of compounding interest on the money you would normally paid taxes on if not in a ta deferred annuity. In a way it is like using the government's money to make you money.


Deferred revenue is revenue that is?

Deferred.