Which of the following is not an accrual?

Question

Quizplus · Accepted Answer

Depreciation expense is not an accrual but a deferred expense as it is the amount of expense incurred in using the asset to generate revenue. Accruals are expenses or revenues that have been earned or incurred but not yet recorded. A is an accrual because it represents salaries earned but not yet paid. B is an accrual because it represents interest earned but not yet received. C is an accrual because it represents interest incurred but not yet paid.

Which of the Following Is Not an Accrual