Home >  Term: deferred credits
deferred credits

Accounts carried on the liability side of the balance sheet in which are recorded items being amortized as credits to income over a period of time (such as Unamortized Premium on Debt) and items held in suspense pending final transfer or disposition (such as Customer Advances for Construction, etc.)

0 0

Looja

  • JJD
  •  (Gold) 2369 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.