What is meant by deferred inow of resources? Provide an example of when a government might credit

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What is meant by “deferred inﬂow of resources?” Provide an example of when a government might credit such an account.

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Question Posted: Aug 13, 2014 11:43 AM

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What is meant by deferred inow of resources? Provide an example of when a government might credit

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As defined by GASB a deferred inflow of resources is the acquisition of net assets by the ...View the full answer

Government and Not for Profit Accounting Concepts and Practices

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