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| 单词 | prepaid expense |
| 释义 | prepaid expense in Accounting (pripeɪd ɪkspɛns) Word forms: (regular plural) prepaid expenses noun (Accounting: Financial statements, Balance sheet) expense , expense A prepaid expense is an expense that has been paid for before it is incurred, and that is treated as an asset. A prepaid expense is paid first and expensed later. Prepaid expenses are assets because they relate to expenditures made which have future economic benefit. A prepaid expense is an expense that has been paid for before it is incurred, and that is treated asan asset. |
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