GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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21:20 May 16, 2011 |
Spanish to English translations [PRO] Bus/Financial - Accounting / Balance Sheet term | |||||||
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| Selected response from: patinba Argentina Local time: 07:43 | ||||||
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5 +1 | Long-term prepaid expenses |
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3 +1 | long-term prepaid expenses |
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long-term prepaid expenses Explanation: [PDF] TermoEmcaIi I S.A. E.S.P. - [ Translate this page ] File Format: PDF/Adobe Acrobat - Quick View Gastos pagados por anticipado largo plazo y diferidos. Inventarios. Diferidos. Otros Activos. Cuentas por pagar. Compañías del Exterior ... www.termoemcali.com/public/.../TE_2009-2008.pd Long-term prepaid expenses Answer,Long-term prepaid expenses ... 7 Jan 2011 ... Long-term prepaid expenses Answer,Long-term prepaid expenses Question includes Accounting,Amortization of start-up costs and advertising ... ask.alibaba.com/.../Long-term%2Bprepaid%2Bexpenses-answer.html |
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Long-term prepaid expenses Explanation: "Gastos anticipados" or "Gastos pagados por anticipados" are prepaid expenses. The standard term in Spanish is "Gastos anticipados". LP appears to be "Largo Plazo", which is "long-term" in English. References: Tom West's Dictionary Silvana Debonis's Dictionary Marina Orellana's Dictionary Hope this helps. In my 23rd year of translating from Spanish to English for Mexico City based member firms of big 4 (PwC, KPMG) and 2nd tier (Grant Thornton, RSM, Hevia, etc.) CPA firms, as well as other financial institutions. -------------------------------------------------- Note added at 18 mins (2011-05-16 21:38:35 GMT) -------------------------------------------------- Barron's Accounting Handbook provides the folloiwng definition: Prepaid Expense: Expenditures paid for in one accounting period, but not completely used or consumed until the net accounting period.Examples of expenses paid in advance are insurance, advertising, and rent. Prepaid expenses are often of a recurring nature. They are presented under current assets in the balance sheet. Reference: http://aicpa.org Reference: http://imcp.org.mx |
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