Multiple Choice
Which of the following is an example of a deferral?
A) Debit Interest Expense,credit Interest Payable
B) Debit Accounts Receivable,credit Legal Fees Earned
C) Debit Property Taxes Expense,credit Property Taxes Payable
D) Debit Depreciation Expense-Truck,credit Accumulated Depreciation-Truck
Correct Answer:
Verified
Correct Answer:
Verified
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