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  3. Study Set
    Financial Accounting
  4. Exam
    Exam 3: Accruals and Deferrals: Timing Is Everything in Accounting
  5. Question
    Explain the Difference Between Accruals and Deferrals
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Explain the Difference Between Accruals and Deferrals

Question 233

Question 233

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Explain the difference between accruals and deferrals.

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An accrual is a transaction in which the...

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