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Activity 1
1. What is the difference between accruals and deferrals?​


Activity 11 What Is The Difference Between Accruals And Deferrals class=

Sagot :

Answer:

The main difference between an accrual and a deferral is that an accrual is used to bring forward an accounting transaction into the current period for recognition, while a deferral is used to delay such recognition until a later period.

Answer:

The main difference between an accrual and a deferral is that an accrual is used to bring forward an accounting transaction into the current period for recognition, while a deferral is used to delay such recognition until a later period.