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Questions and Answers
Where is a long-term deferred revenue recorded in the Balance Sheet?
Where is a long-term deferred revenue recorded in the Balance Sheet?
What is the term for revenue that has been received but not yet earned?
What is the term for revenue that has been received but not yet earned?
What is the term for the postponement of recognizing an expense that has already been paid?
What is the term for the postponement of recognizing an expense that has already been paid?
Where is a deferred expense that is expected to be useful for a short period of time recorded in the Balance Sheet?
Where is a deferred expense that is expected to be useful for a short period of time recorded in the Balance Sheet?
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What is the term for an expense that has been incurred but not yet paid?
What is the term for an expense that has been incurred but not yet paid?
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Where is accrued revenue recorded in the Balance Sheet?
Where is accrued revenue recorded in the Balance Sheet?
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Beban yang ditangguhkan (Deferred Expense) yang diperkirakan bermanfaat untuk jangka waktu yang pendek dicantumkan di Balance Sheet dibawah judul apa?
Beban yang ditangguhkan (Deferred Expense) yang diperkirakan bermanfaat untuk jangka waktu yang pendek dicantumkan di Balance Sheet dibawah judul apa?
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Pendapatan yang ditangguhkan (Deferred Revenue) yang mencakup jangka panjang disajikan di neraca pada bagian apa?
Pendapatan yang ditangguhkan (Deferred Revenue) yang mencakup jangka panjang disajikan di neraca pada bagian apa?
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Apa nama yang diberikan untuk beban yang telah dibayar tetapi belum digunakan?
Apa nama yang diberikan untuk beban yang telah dibayar tetapi belum digunakan?
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Apakah nama yang diberikan untuk pendapatan yang telah diterima tetapi belum dihasilkan?
Apakah nama yang diberikan untuk pendapatan yang telah diterima tetapi belum dihasilkan?
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Di mana Liabilities untuk accrued expense biasanya dicantumkan dalam Balance Sheet?
Di mana Liabilities untuk accrued expense biasanya dicantumkan dalam Balance Sheet?
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Jumlah receivable untuk accrued revenue biasanya jatuh tempo dalam jangka waktu apa?
Jumlah receivable untuk accrued revenue biasanya jatuh tempo dalam jangka waktu apa?
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Study Notes
Defferal
- Defferal is the postponement of recognizing an expense that has been paid or revenue that has been received
- Deferred expenses are categorized into two types:
- Beban dibayar dimuka (Prepaid Expense): short-term expenses that are expected to benefit the business for a short period, listed as Current Assets on the Balance Sheet
- Beban yang ditangguhkan (Deferred Charges): long-term expenses that can be allocated to operations over several years, listed as a separate section on the Balance Sheet
Deferred Revenue
- Deferred Revenue is revenue that has been received but not yet earned
- It can be listed on the Balance Sheet as a current liability, also known as:
- Pendapatan yang belum dihasilkan (Unearned Revenue)
- Pendapatan diterima di muka (Revenues Received in Advance)
- Long-term deferred revenue is listed as a separate section on the Balance Sheet, known as Kredit yang ditangguhkan (Deferred Credits)
Accrued Expenses
- Accrued Expenses are expenses that have been incurred but not yet paid
- They are listed on the Balance Sheet as a liability, known as:
- Kewajiban yang masih harus dibayar (Accrued Liabilities)
- Accrued liabilities typically fall due within a year and are listed as Current Liabilities
Accrued Revenue
- Accrued Revenue is revenue that has been earned but not yet received
- It can be listed on the Balance Sheet as an asset, known as:
- Aktiva yang masih harus diterima (Accrued Assets)
- Accrued assets typically fall due within a short period and are listed as Current Assets
Defferal (Penangguhan)
- Defferal is the delay in recognition of an expense that has been paid or revenue that has been received
- Expenses that are expected to be beneficial for a short period are recorded in the Balance Sheet under Current Assets as Prepaid Expense (Beban Dibayar Dimuka)
- Long-term prepaid expenses that can be allocated to several years' operations are presented in the Balance Sheet under Deferred Charges (Beban yang Ditangguhkan)
Deferred Revenue (Pendapatan yang Ditangguhkan)
- Deferred Revenue is recorded in the Balance Sheet as a current liability, also known as Unearned Revenue (Pendapatan yang Belum Dihasilkan) or Revenue Received in Advance (Pendapatan yang Diterima di Muka)
- Long-term deferred revenue is presented in the Balance Sheet under Deferred Credits (Kredit yang Ditangguhkan)
Accrued Expenses (Beban yang Masih Harus Dibayar)
- Accrued Expenses are recorded in the Balance Sheet as liabilities that are still to be paid (Accrued Liabilities)
- These liabilities usually have a short-term maturity period and are classified as Current Liabilities
Accrued Revenue (Pendapatan yang Masih Harus Diterima)
- Accrued Revenue is recorded in the Balance Sheet as assets that are still to be received (Accrued Assets)
- The amount of receivables for Accrued Revenue usually has a short-term maturity period and is classified as Current Assets
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Description
Learn about deferral, a concept in accounting where expenses or revenue are recognized in a later period. Understand how to record and present deferred expenses on a balance sheet.
