20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

Deferred income

This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 6, 2013 at 11:53 am #124702
hasanali95
Member
- Topics: 239
- Replies: 248
Why is deferred income treated as a current liability?
May 6, 2013 at 5:35 pm #124722
MikeLittle
Keymaster
- Topics: 27
- Replies: 23200
Well, it’s a credit balance …. so what else could it be if it weren’t a liability?
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.