How Do Deferral Adjustments for Prepaid Expenses (E

How do deferral adjustments for prepaid expenses (e.g. ,rent) that were initially recorded as assets affect assets on the balance sheet and expenses on the income statement?

A) Deferral adjustments increase assets and increase expenses.
B) Deferral adjustments increase assets and decrease expenses.
C) Deferral adjustments decrease assets and decrease expenses.
D) Deferral adjustments decrease assets and increase expenses.