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Deferred None

"Deferred None" is an accounting term indicating that no revenue or expense items are postponed to a future period. Instead, all financial activities are recognized and recorded in the period they occur. This approach ensures that the company's financial statements accurately reflect its current financial position without delaying the recognition of income or costs. It is often used when the timing of transactions allows for immediate recognition, providing a clear and up-to-date picture of financial performance and position.