GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:06 Aug 24, 2005 |
Flemish to English translations [PRO] Accounting | |||||||
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| Selected response from: jarry (X) South Africa Local time: 04:39 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +1 | accrued interest income / deferred research and development costs |
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accrued interest income / deferred research and development costs Explanation: Accrued interest is interest due but not yet received. Deferred expenses are expenses that have been incurred but that do not apply, or do not apply in full to the financial year in which they were incurred. Both items are presented as assets in the balance sheet. |
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