What is the difference between an accrual and a deferral-, Finance Basics

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What is the difference between an accrual and a deferral-

1. What is the difference between an accrual and a deferral?

2. Which type of adjustment will

(a) increase both assets and revenues,

(b) increase revenues and decrease liabilities,

(d) increase both expenses and liabilities?

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Finance Basics: What is the difference between an accrual and a deferral-

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Finance Basics: What is the difference between an accrual and a deferral-

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