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that is accounted-for in the future (and not in the
in which it is incurred) because of its anticipated future
, or to comply with the requirement of matching
with revenues. Deferred charges include start up costs, financing costs for long-term
, costs of advertising campaigns, etc., and are carried as a
. in contrast to
, rent) deferred charges usually extend over a long
(often five years or more) and occur infrequently. Since they have no physical substance (cash realizability) and cannot be used in reducing
, deferred charges are subtracted from the
of the firm when computing
letter of credi...
pro forma invoi...
net present val...
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