Meaning of Deferred Rent
How we at Bookkeeping Support Define the Meaning of Deferred Rent:
Rent that has been paid in advance but has not yet been earned by the landlord is known as deferred rent and must be recognised over time as the lease arrangement develops.
How AI Define the Meaning of Deferred Rent:
Deferred Rent: Rent that has been paid in advance but will be expensed in the future.
