Accounting Manager Question:

Download Job Interview Questions and Answers PDF

What a deferred asset is and give an example?

Accounting Manager Interview Question
Accounting Manager Interview Question

Answer:

A deferred asset refers to a deferred debit or a deferred charge. An example of a deferred charge is bond issue costs. These costs involves all of the fees or charges that an organization incurs in order to register and issue bonds. This fees are paid in a near time when the bonds are issued but it will not be expensed at that time.

Download Accounting Manager Interview Questions And Answers PDF

Previous QuestionNext Question
Tell me what is scrap value in accounting?What is ledger?