"Deferral means Accrual " whether the statement is true? Explain. by antor hossain - Wednesday, 25 November 2020, 10:22 AM 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. Permalink In reply to antor hossain Re: "Deferral means Accrual " whether the statement is true? Explain. by Shahana Kabir - Monday, 30 November 2020, 10:28 PM Good observation. Permalink Show parent
In reply to antor hossain Re: "Deferral means Accrual " whether the statement is true? Explain. by Shahana Kabir - Monday, 30 November 2020, 10:28 PM Good observation. Permalink Show parent