Which of the Following Statements About Adjustments Is Not Correct

Which of the following statements about adjustments is not correct?

A) When making an adjustment to recognize supplies used in a period, total assets will not change.
B) Accrued wages are wages owed, but not yet paid, to employees; the accrued wages will need to be recorded with an adjusting entry that increases expenses.
C) Deferral adjustments are used to update amounts that have been previously deferred on the balance sheet.
D) Depreciation is an example of a deferral adjustment.