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Deferring a revenue or expense account in accounting means that the amount: A. will not be reported in the accounting records B. will be reported
Deferring a revenue or expense account in accounting means that the amount:
A. will not be reported in the accounting records
B. will be reported as a revenue or an expense in a later period
C. will be reported as a revenue or an expense in the current period
D. was reported as a revenue or an expense in a prior period
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