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What is an example of a deferral?

Elijah Price | 2023-05-07 23:43:51 | page views：1664
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Zoe Mitchell

Studied at the University of Manchester, Lives in Manchester, UK.
A deferral, in accrual accounting, is any account where the asset or liability is not realized until a future date (accounting period), e.g. annuities, charges, taxes, income, etc. The deferred item may be carried, dependent on type of deferral, as either an asset or liability. See also accrual.
2023-05-14 23:43:51
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Noah Davis

QuesHub.com delivers expert answers and knowledge to you.
A deferral, in accrual accounting, is any account where the asset or liability is not realized until a future date (accounting period), e.g. annuities, charges, taxes, income, etc. The deferred item may be carried, dependent on type of deferral, as either an asset or liability. See also accrual.
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