Deferral type adjustments occur when cash for expenses is paid in advance or cash from incomes is pre-collected.How many of the following will require a deferral type adjustment?
$\bullet$ Rent paid for in advance
$\bullet$ Buildings to be depreciated
$\bullet$ Rent collected in advance from tenants
$\bullet$ Stationery used by the office staff during the period

Question

Deferral type adjustments occur when cash for expenses is paid in advance or cash from incomes is pre-collected.How many of the following will require a deferral type adjustment?
$\bullet$ Rent paid for in advance 
$\bullet$ Buildings to be depreciated
$\bullet$ Rent collected in advance from tenants
$\bullet$ Stationery used by the office staff during the period

Quizplus · Accepted Answer

The Answer of Deferral type adjustments occur when cash for expenses is paid in advance or cash from incomes is pre-collected.How many of the following will require a deferral type adjustment?
$\bullet$ Rent paid for in advance 
$\bullet$ Buildings to be depreciated
$\bullet$ Rent collected in advance from tenants
$\bullet$ Stationery used by the office staff during the period

Deferral Type Adjustments Occur When Cash for Expenses Is Paid ∙\bullet∙

Deferral Type Adjustments Occur When Cash for Expenses Is Paid $\bullet$