(1) Expenses incurred prior to the balance sheet date are to be shown under assets as prepaid expenses insofar as they constitute expenditures for a certain period of time following that date.
(2) Revenue received prior to the balance sheet date is to be shown under liabilities as prepaid income insofar as it constitutes the earnings for a certain period of time following that date.
(3) Where the amount of the performance of an obligation exceeds the payout amount, the difference may be itemised under assets as prepaid expenses. The difference is to be redeemed by scheduled annual depreciations that may be distributed across the entire term of the liability.