Deferring a revenue or expense account in accounting means that the amount:

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Deferring a revenue or expense account means that the amount will be reported as a revenue or expense in a later period. This is because the revenue or expense has been earned or incurred, but it is not yet appropriate to recognize it in the current period's financial statements. Instead, it is recognized in a later period when the conditions for recognizing the revenue or expense have been fulfilled.

Deferring a Revenue or Expense Account in Accounting Means That