Multiple Choice
Which of the following is an example of a deferral?
A) Debit Salaries Expense,credit Salaries Payable
B) Debit Accounts Receivable,credit Service Revenue
C) Debit Property Taxes Expense,credit Property Taxes Payable
D) Debit Insurance Expense,credit Prepaid Insurance
Correct Answer:
Verified
Correct Answer:
Verified
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