Which of the following journal entries is used to record a deferral? A. Interest expense
$\quad$Interest payable
B. Accounts receivable
$\quad$Service revenues
$\quad$C. Salaries expense
Salaries payable
D. Cash
$\quad$Unearned revenue

Question

Quizplus · Accepted Answer

A deferral involves cash being received or paid before the related revenue or expense is recognized. Option D records cash received in advance for services not yet performed, creating a liability (unearned revenue) until the service is provided.

Which of the Following Journal Entries Is Used to Record \quad

Which of the Following Journal Entries Is Used to Record $\quad$