"Deferral means Accrual " whether the statement is true? Explain. by Mehedi 15-13487 - Tuesday, 24 November 2020, 9:10 PM Number of replies: 1 Deferral accounting refers to entries of payments after they're made. Unlike accrualaccounting, deferral accounting does not count revenue until the following accounting period, so it would be considered a liability on your financial statement during the period in which you paid for a product or service. Permalink In reply to Mehedi 15-13487 Re: "Deferral means Accrual " whether the statement is true? Explain. by Shahana Kabir - Monday, 30 November 2020, 10:31 PM Good observation.Thanks for reply. Permalink Show parent
In reply to Mehedi 15-13487 Re: "Deferral means Accrual " whether the statement is true? Explain. by Shahana Kabir - Monday, 30 November 2020, 10:31 PM Good observation.Thanks for reply. Permalink Show parent