Topical Terminology  

       

Topical Terminology > Prepaid Expense



2 Definitions

Prepaid Expense

For Prepaid Expense we have terms and definitions in 2 topics. The topics are Accounting and Accounting Terms.



Prepaid Expense (Accounting)

Cost incurred to acquire economically useful goods or services that are expected to be consumed in the revenue-earning process within the operating cycle.


Prepaid Expense (Accounting Terms)

Cost incurred to acquire economically useful goods or services that are expected to be consumed in the revenue-earning process within the operating cycle.




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