Discussion Topic

Answer

Answer

by Md. Shahriar Rahman -
Number of replies: 1

Accrual and Deferral are a part of those types of accounting adjustment entries where there is a time lag in the reporting and realization of income and expense. Accrual occurs before a payment or a receipt and deferral occur after a payment or a receipt. These are generally related to revenue and expenditure largely. So we can say, "Deferral  means  Accrual" the statement is true.