part 1.accruals vs. deferrals Flashcards

1
Q

depreciation expense

accumulated depreciation

A

deferral

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

interest receivable

interest revenue

A

accrual

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

rent expense

prepaid rent

A

deferral

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

unearned revenue

rent revenue

A

deferral

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

wage expense

wages payables

A

accrual

How well did you know this?
1
Not at all
2
3
4
5
Perfectly