Which of the following journal entries would not be used to record a deferral? A. Prepaid rent
$\quad$Cash
B. Cash
$\quad$Service revenue
C. Supplies
$\quad$Cash
D. Cash
$\quad$Unearned revenues

Question

Which of the following journal entries would not be used to record a deferral? A. Prepaid rent 
$\quad$Cash
B. Cash
$\quad$Service revenue
C. Supplies 
$\quad$Cash
D. Cash
$\quad$Unearned revenues

Quizplus · Accepted Answer

Option B records cash received for services not yet performed, which is an accrual, not a deferral. Deferrals involve postponing recognition of expenses or revenues that have been paid or received in advance.

Which of the Following Journal Entries Would Not Be Used \quad

Which of the Following Journal Entries Would Not Be Used $\quad$