What is deferred cost and deferred liability?

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What is a deferred tax liability and why might one be booked?
Posted by:
Younis Younis
26-September-2017

Accounting Cost Accounting Financial Accounting Bank Accounting Finance

Question added by Tanwir Afzal Syed , Financial Controller , Azadea Group of Companies, Kuwait
Date Posted: 2015/02/06

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by Shamraiz Imtiaz , Accountant , VITAL TEA COMPANY

A deferred cost is a cost that occurred in a transaction, but will not be expended until a future accounting records A liability that usually would have been paid but is now past due..

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by APOLLONARY WAWIRE WEKESA , Finance Officer , National Treasury of Kenya

refers to a debt which is incurred and due which a person or entity does not resolve with a payment. The payment will be due at some point in the future and thus the liability is said to be “deferred.

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What is deferred cost and deferred liability?

A deferred cost is a cost that occurred in a transaction, but will not be expended until a future accounting records A liability that usually would have been paid but is now past due..

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